London: The Bank of England has issued a design for a new banknote with a picture of the new King Charles III.

According to British media, the circulation of new currency notes will start from the middle of next year 2024, which will have a cover of the king's picture, while the coin with the new king's picture will be released this month.





The Bank of England says 4.9 million coins with the new king's image are being distributed to the public through post offices.

Bank of England said in a statement that notes bearing the picture of the late Queen Elizabeth II will also be accepted across the country.

According to the report, the picture of King Charles III will be published on plastic notes of 5, 10, 20 and 50 pounds.