The first images of banknotes featuring Britain’s King Charles III were unveiled on Tuesday by the Bank of England.
Charles’ portrait will appear on English notes of £5, £10, £20 and £50. The rest of the design will remain the same as the current notes, which feature the late Queen Elizabeth II on the front. The cameo in the transparent security window will also feature the current monarch, the United Kingdom’s central bank said in a press release.
The new banknotes are expected to enter circulation by mid-2024 and will co-circulate with notes featuring the queen’s portrait, which will remain legal tender, according to the bank.
“This is a significant
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