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King Charles was presented with the first bank notes featuring his portrait from the Bank of England Governor Andrew Bailey and Sarah John, the Bank of England's Chief Cashier.
By Emily Ferguson, Royal Editor
12:33, Tue, Apr 9, 2024 | UPDATED: 12:45, Tue, Apr 9, 2024
King Charles is presented with new bank notes featuring his portrait (Image: PA)
King Charles has been presented with the first bank notes featuring his portrait, as they are due to enter circulation in the coming weeks.
The Bank of England Governor Andrew Bailey and Sarah John, the Bank of England's Chief Cashier showed him the new notes at Buckingham Palace today.
The new bank notes will enter circulation from June 5, the Bank of England announced in February.
They said that old notes featuring the late Queen Elizabeth II will remain legal tender and will co-circulate alongside the new ones.
Charles's portrait will appear on existing designs of all four banknotes (£5, £10, £20 and £50), with no other changes.
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The new bank notes will enter circulation from June 5 (Image: PA)
An announcement read: "The new banknotes will only be printed to replace those that are worn, and to meet any overall increase in demand for banknotes."
The Bank of England added the public will see the new King Charles notes very gradually as its approach is in line with guidance from the Royal Household "to minimise the environmental and financial impact of this change".
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