The Bank of England has issued new banknotes bearing the image of King Charles III.
Announcing the design for the first time in the run-up to the coronation in May, the UK central bank said the king’s portrait would appear on existing designs of all four of its polymer bank notes currently in circulation – £5, £10, £20 and £50.
The king’s image will appear on the front of the bank notes, as well as in the see-through security window on the notes, which are made from polymer plastic. Notes featuring Queen Elizabeth II will also continue to remain legal tender, allowing the public to carry on using them as normal.
It was added that the currency is expected to go into circulation in mid 2024 gradually replacing those featuring Charles’s late mother, who began appearing on paper money in
According to the bank, the old currency will continue to be accepted in transactions even when the new notes bearing the image of King Charles will be launched.
