King Charles III banknotes

We will be issuing banknotes featuring King Charles III’s portrait on 5 June 2024. You will still be able to use all polymer banknotes that feature the portrait of Her late Majesty, Queen Elizabeth II.

King Charles III banknotes to enter circulation on 5 June 2024

Banknotes featuring a portrait of King Charles III will be issued from 5 June 2024. The portrait of the King will appear on existing designs of all four banknotes (£5, £10, £20, and £50), with no other changes to the existing designs. This means you can check these notes in the same way you can check our polymer banknotes featuring Queen Elizabeth II.

5 June 2024

Notes enter circulation

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What will happen to the banknotes featuring the portrait of Her late Majesty, Queen Elizabeth II?

Banknotes that feature the portrait of Her late Majesty, Queen Elizabeth II will remain legal tender and will co-circulate alongside King Charles III notes.

The new banknotes will only be printed to replace those that are worn and to meet any overall increase in demand for banknotes. Our approach is in line with guidance from the Royal Household, to minimise the environmental and financial impact of this change.

Will businesses need to update their banknote machines?

If your business uses, or is responsible, for any machines that accept, sort or check banknotes, you need to plan for their adaptation to work with the new note designs.

King Charles III banknotes

This page was last updated 20 February 2024