King Charles III banknotes now in circulation

Banknotes featuring a portrait of King Charles III are now in circulation. The portrait of the King appears 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 the polymer banknotes featuring Queen Elizabeth II.

What will happen to the banknotes featuring the portrait of Queen Elizabeth II?

Banknotes that feature the portrait of Queen Elizabeth II will remain legal tender and are co-circulating alongside King Charles III notes.

Guidance from the Bank of England states that: “New King Charles III 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.”

For more information visit The Bank of England website