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Banknotes featuring King Charles III will be in circulation by 2024: BOE

The central bank will reveal the image of the new monarch to be used on the polymers by the end of the year, it said in a statement

King Charles III
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King Charles III

David Goodman | Bloomberg
Banknotes featuring a portrait of King Charles III are expected to enter circulation by the middle of 2024, the Bank of England said Tuesday.
 
The central bank will reveal the image of the new monarch to be used on the polymers by the end of the year, it said in a statement. No additional changes to the £5, £10, £20 and £50 notes will be made.

Queen Elizabeth II, who died earlier this month after a 70-year reign, has been on UK notes since 1960. Current polymer notes featuring her image will continue to be legal tender and