When you will able to get your hands on the King Charles banknote

Get the free Morning Headlines electronic mail for information from our reporters throughout the world

Sign up to our free Morning Headlines electronic mail

The date for the launch of recent notes carrying a portrait of the King has been confirmed by the Bank of England.

The portrait of Charles will seem on present designs of all 4 banknotes (£5, £10, £20 and £50), with no different adjustments to the present designs.

Polymer banknotes that includes the portrait of the late Queen Elizabeth II will stay authorized tender, and will co-circulate alongside the King Charles III notes.

The new banknotes, accessible from June 5, will solely be printed to substitute these which are worn, and to meet any general enhance in demand for banknotes.

Coins bearing the official effigy of the King first appeared in circulation in submit places of work round the UK from December 2022.

The Bank of England mentioned its method is in step with steerage from the Royal Household, to minimise the environmental and monetary influence of this variation.

This signifies that individuals will begin to see the new King Charles banknotes of their wallets very regularly.

Images of the new King Charles banknotes had been first unveiled in December 2022.

The King’s picture will seem on the entrance of the banknotes, in addition to in cameo in the see-through safety window.

Although the notes that enter circulation on June 5 will characteristic a brand new portrait of the monarch, the reverse facet of every observe will stay unchanged.

The present collection of banknotes options Sir Winston Churchill on the £5, Jane Austen on the £10, JMW Turner on the £20 and Alan Turing on the £50.

People will be able to change Queen Elizabeth II banknotes for King Charles banknotes by means of the Bank of England, though sure restrictions will apply. The Bank mentioned additional particulars about this will be supplied nearer to the time.

A collection of charity auctions of low-serial numbered notes will even be held over the summer season at Spink & Son. Money raised will be donated to charity. More particulars will be made accessible on the Spink & Son web site, the Bank mentioned.