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King Charles III Banknotes To Be Introduced Mid-2024 - Foreign Affairs - Nairaland

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King Charles III Banknotes To Be Introduced Mid-2024 by HonNL: 11:35am On Sep 27, 2022
Current notes will continue to be legal tender.

NEWS RELEASE

The Bank of England will reveal images of updated banknotes featuring a portrait of HM King Charles III by the end of this year. The notes are expected to enter circulation by mid-2024.

His Majesty’s portrait will appear on existing designs of all four polymer banknotes (£5, £10, £20 and £50). This will be a continuation of the current polymer series and no additional changes to the banknote designs will be made.

In line with guidance from the Royal Household to minimise the environmental and financial impact of the change of monarch, existing stocks of notes featuring HM Queen Elizabeth II will continue to be issued into circulation. New notes will only be printed to replace worn banknotes and to meet any overall increase in demand for banknotes.

Current banknotes featuring the portrait of HM Queen Elizabeth II will continue to be legal tender and will only be removed from circulation once they become worn or damaged. They will co-circulate with those featuring HM King Charles III.

Notes to editors

His Majesty’s portrait will feature on the front of the banknote, as well as in cameo in the see-through security window.

The current series of banknotes (series G) features the following characters in the designs: £5 – Winston Churchill, £10 – Jane Austen, £20 JMW Turner, £50 – Alan Turing.
HM Queen Elizabeth II first appeared on Bank of England banknotes in 1960.

The legal tender status of paper £20 and £50 notes will be withdrawn after 30 September 2022, as previously announced.

@Bank of England
SOURCE

5 Likes 1 Share

Re: King Charles III Banknotes To Be Introduced Mid-2024 by Bryan88(m): 12:20pm On Sep 27, 2022
Wow!!! My very FTC ever since only God knows when I joined nairaland and I dedicate it to all my Obidient family world wide. May another APC never happen to our con3 again.

131 Likes 8 Shares

Re: King Charles III Banknotes To Be Introduced Mid-2024 by danibest001: 12:21pm On Sep 27, 2022
Wow
Re: King Charles III Banknotes To Be Introduced Mid-2024 by Iamcrypto: 12:21pm On Sep 27, 2022
cool
Re: King Charles III Banknotes To Be Introduced Mid-2024 by vyraldezigns(m): 12:21pm On Sep 27, 2022
Okay
Re: King Charles III Banknotes To Be Introduced Mid-2024 by NaijaRoyalty(m): 12:21pm On Sep 27, 2022
Ok
Re: King Charles III Banknotes To Be Introduced Mid-2024 by usecondom(m): 12:21pm On Sep 27, 2022
The begining of new era, queen time has expired.

20 Likes 2 Shares

Re: King Charles III Banknotes To Be Introduced Mid-2024 by Lincoln275(m): 12:21pm On Sep 27, 2022
Hmmm!
Re: King Charles III Banknotes To Be Introduced Mid-2024 by Whoknowsme: 12:21pm On Sep 27, 2022
Hope he won't tour the path of his mother

4 Likes

Re: King Charles III Banknotes To Be Introduced Mid-2024 by illicit(m): 12:21pm On Sep 27, 2022
Charlie

1 Like

Re: King Charles III Banknotes To Be Introduced Mid-2024 by Theory2022: 12:21pm On Sep 27, 2022
Nuisance and ingredients

11 Likes

Re: King Charles III Banknotes To Be Introduced Mid-2024 by VladimirPutiin(m): 12:21pm On Sep 27, 2022
Is it really necessary?

3 Likes 2 Shares

Re: King Charles III Banknotes To Be Introduced Mid-2024 by Frankbaro(m): 12:21pm On Sep 27, 2022
Their business.

4 Likes 1 Share

Re: King Charles III Banknotes To Be Introduced Mid-2024 by Fruitydemo(m): 12:21pm On Sep 27, 2022
almost there #FTC
Re: King Charles III Banknotes To Be Introduced Mid-2024 by Meajor(m): 12:22pm On Sep 27, 2022
I no even get wetin to write. But I just wan wish all of una well Sha.

29 Likes 5 Shares

Re: King Charles III Banknotes To Be Introduced Mid-2024 by chriskosherbal(m): 12:22pm On Sep 27, 2022
I kindly want to ask the house what is the implication of one's image/face printed on currency note.

Especially someone who is still alive as we have in the case up there.

7 Likes 2 Shares

Re: King Charles III Banknotes To Be Introduced Mid-2024 by Shampoo77: 12:22pm On Sep 27, 2022
Ok you mean four years before his death? undecided

1 Like

Re: King Charles III Banknotes To Be Introduced Mid-2024 by Akinsete19(m): 12:22pm On Sep 27, 2022
Almost 2 years after becoming a king

1 Like

Re: King Charles III Banknotes To Be Introduced Mid-2024 by boocheey: 12:22pm On Sep 27, 2022
C
Re: King Charles III Banknotes To Be Introduced Mid-2024 by abobote: 12:22pm On Sep 27, 2022
They should scrap this monarch system

7 Likes 1 Share

Re: King Charles III Banknotes To Be Introduced Mid-2024 by megamank(m): 12:22pm On Sep 27, 2022
How I wish Nigeria can change their 1000 bank notes... And give six months notice... Those people when Dig money hide inside suckaway go must bring am out... Money go enter back into circulation...

Some Nigerians hide the future of generations to come inside their house...

19 Likes 4 Shares

Re: King Charles III Banknotes To Be Introduced Mid-2024 by teebaxy(m): 12:22pm On Sep 27, 2022
All hail the King
Re: King Charles III Banknotes To Be Introduced Mid-2024 by ada9ja(f): 12:22pm On Sep 27, 2022
Thats when am going to UK
Get free project, thesis writing. Check siggy below

1 Like

Re: King Charles III Banknotes To Be Introduced Mid-2024 by Biznex(m): 12:22pm On Sep 27, 2022
Ftc
Re: King Charles III Banknotes To Be Introduced Mid-2024 by nymphomaniac(m): 12:22pm On Sep 27, 2022
Expected. They already spent millions of pounds printing the polymer notes and on the burial. Printing fresh notes with the King’s image might harm the economy. They need time to recuperate.

2 Likes 1 Share

Re: King Charles III Banknotes To Be Introduced Mid-2024 by Abilistic(m): 12:23pm On Sep 27, 2022
smiley

So no more isi Eliza

hopexter:
For person wey wan die for 2026? The money will now be available for only one and half years. grin

Na you wan kill am?

9 Likes 1 Share

Re: King Charles III Banknotes To Be Introduced Mid-2024 by hopexter(m): 12:24pm On Sep 27, 2022
For person wey wan die for 2026? The money will now be available for only one and half years. grin

2 Likes

Re: King Charles III Banknotes To Be Introduced Mid-2024 by owobokiri(m): 12:24pm On Sep 27, 2022
A socalled democracy that genuflects before a human and sing their national anthem to him! Is that one still a democracy!? Who elected these people?

4 Likes 1 Share

Re: King Charles III Banknotes To Be Introduced Mid-2024 by CadetFrancis: 12:24pm On Sep 27, 2022
Ona dey see how Better Country dey plan things properly?
Re: King Charles III Banknotes To Be Introduced Mid-2024 by melojo: 12:24pm On Sep 27, 2022
Nothing lasts forever. The earlier our politicians realize this, the better our country becomes

1 Like 1 Share

Re: King Charles III Banknotes To Be Introduced Mid-2024 by miteolu(m): 12:24pm On Sep 27, 2022
If he's alive by then

1 Like 1 Share

Re: King Charles III Banknotes To Be Introduced Mid-2024 by bestman09(m): 12:25pm On Sep 27, 2022
Power have changed hands, from isi Eliza to isi charlie! (Elizabeth's head to Charlie's head)

All the same, the smallest denomination of £5 is better than our biggest denomination of 1k

4 Likes 1 Share

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