LONOND — Banknotes featuring a portrait of King Charles III entered circulation on Wednesday for the first time, the Bank of England said in a statement .
New bank notes that bear a portrait of King Charles III, and which will enter circulation on June 5, 2024, are displayed for a photograph after having been presented to Britain's King Charles III by Bank of England Governor Andrew Bailey and Bank of England Chief Cashier Sarah John, at Buckingham Palace in London on April 9, 2024.
Notes featuring Queen Elizabeth II will remain legal tender and will be in circulation alongside those showing Charles, the Bank of England said.
"This means the public will begin to see the new King Charles III notes very gradually."
People would, however, be able to exchange notes they already have for the new ones featuring Charles.
Persons:
Charles, Queen Elizabeth II, Winston Churchill, Jane Austen, JMW Turner, Alan Turing, King Charles III, Britain's King Charles III, Andrew Bailey, Sarah John, we've
Organizations:
Bank of England Museum, Bank of England
Locations:
London, United Kingdom, Buckingham