First King Charles bank notes enter circulation TODAY

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Major change coming to banknotes as printing of brand new design begins – but you’ll have to wait to see them

THE first bank notes featuring King Charles III’s portrait are being released TODAY but only a lucky few will be able to get their hands on them.New notes featuring the King’s portrait will only be issued to replaced worn out currency or to meet any increase in demand.

A postal exchange service will run from June 5 to June 30 allowing customers to exchange up to £300 of notes.will also be issuing new notes featuring the King from June 5 to June 11. The same limit of £300 per customer applies.

They will be replaced over time as they become damaged or worn and to meet demand for additional coins - much like with notes.

 

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