The new banknotes have been released to the public, and the images have been, but the real banknotes will not be fully released to the public until 2024.
The portrait will be the only change to the existing designs of the notes, so the £5, £10, £20, and £50 notes. This will go into full swing in mid-2024.
New notes will feature the King’s portrait on the front and in the see-through security window.
Existing notes will still be accepted in shops.
Image Credit: Ink Drop
Queen Elizabeth was the first and only monarch to appear on circulating Bank of England banknotes, starting in 1960.
Notes issued by Scottish and Northern Irish banks do not depict the monarch.
There are about 4.5 billion individual Bank of England notes worth about £80bn in circulation at present.
Banner and Image Credit: Julia.H
