King Charles banknotes will be revealed this year as Bank of England confirms plans
King Charles banknotes will be revealed by the end of this year before entering circulation in 2024. The Bank of England has confirmed plans to introduce currency featuring the new monarch following the death of his mother Queen Elizabeth aged 96 on September 8. In a press release, the Bank of England said: "His Majesty’s portrait will appear on existing designs of all four polymer banknotes (£5, £10, £20 and £50).