The first images emerge of British banknotes featuring King Charles III. The new bills will phase out Queen Elizabeth II designs.
On Tuesday, the Bank said they expect to place them into circulation by the middle of 2024.
In a statement, the Bank said the portrait would appear on all of its five, 10, 20, and 50 British pound polymer banknotes. The Bank of England said Charles' image would be featured on the front of the banknotes and in the see-through security window. The Bank added that the rest of the banknotes' design would remain the same, which features the late Queen Elizabeth II on the front.
The Bank said the new banknotes would be printed to replace worn-out ones and"to meet any overall increase in demand."
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
King Charles III bank note designs unveiled“This is a significant moment, as The King is only the second monarch to feature on our banknotes,” Bank of England Governor Andrew Bailey said in a statement.
Read more »
King Charles III Banknote Designs Revealed by Bank of EnglandThe Bank of England released images of King Charles III on four banknotes Tuesday, featuring a main portrait of Charles on their front side and a smaller cameo inside the currency's see-through security window
Read more »
The Bank of England Unveils a New Portrait of King Charles IIIBeginning in 2024, the king’s face will replace Queen Elizabeth II gradually to reduce the cost and environmental impact of the changes.
Read more »
New British banknotes featuring portrait of King Charles III revealedThe Bank of England released images of the first bank notes to feature the portrait of King Charles III.
Read more »
First images of British banknotes featuring King Charles III unveiled | CNN BusinessThe first images of banknotes featuring Britain's King Charles III were unveiled on Tuesday by the Bank of England.
Read more »
King Charles III appears on new UK banknotes for first timeBank of England unveiled Tuesday its first banknotes featuring the new monarch, which will enter into circulation from the middle of 2024 to gradually replace those featuring Queen Elizabeth II.
Read more »