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The old paper £5 is being replaced with a plastic note on September 13. The new note will be phased in so that by May 2017 it will have replaced the old fiver altogether – shops will then stop accepting paper £5 notes as legal tender. The Bank of England claims the new plastic pounds are: Resistant to dirt and moisture so stay cleaner for longer than paper banknotes More secure so will provide enhanced counterfeit resilience More durable so will increase the quality of banknotes in circulation Read more: http://www.thisismoney.co.uk/money/news/article-