Get to know the new King Charles III notes and coins

DISCOVER YOUR NEW CASH!

The United Kingdom has crowned its new king and is slowly introducing updated state symbols, titles and monetary items such as stamps, coins and banknotes. Read along and find out how these changes might affect you and your business.

MEET YOUR NEW BANKNOTES

Your banknotes are getting a small makeover. Next year (mid 2024) the Bank of England will officially introduce its new polymer banknotes featuring His Majesty King Charles III.

All four denominations (£5, £10, £20, £50) will receive small design updates where the portrait of late Queen Elizabeth II, on the front and transparent window of the banknotes, will be replaced by that of the new king. Besides the adjusted portrait, the banknotes will not contain any other visible design changes. This means that the colour, layout and back of the banknotes will remain as they are. Making it easy to recognise and process them.

The current banknotes featuring the late queen, will remain legal tender and will be circulating alongside the new versions. This means that next year not four, but eight different banknotes can be used during cash transactions. It is therefore important to prepare yourself, your team and your business for the new arrivals. We will keep you up-to-date about the banknotes in the upcoming months and provide you with product information and (possible) software updates ahead of the introduction date. So, you will be as ready as we are!

YOUR CHANGE IS CHANGING

Besides banknotes, you can also find the king on your loose change. The Royal Mint has already started the introduction, pressing process, and distribution of 9.6 million new 50p coins. They will follow up with other denominations as the demand grows.

The adjusted coins have not changed in shape, size or weight, which means that you can still use your Safescan coin counter or money counting scale to process, count and sort them. No updates necessary!

Sources:
https://www.bankofengland.co.uk/news/2022/september/boe-banknotes-featuring-hm-king-charles-iii
https://www.bankofengland.co.uk/banknotes/king-charles-banknotes
https://www.bbc.com/news/business-63888781

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2.	If you purchased your item at Safescan.com, go to your order history and click on the “return request” option. Complete the form to submit your request.
3.	If you purchased your Safescan product from one of our authorised dealers, go to “My returns” and fill in the form to submit your request. (You will need your purchase invoice or receipt for this.)
4.	We will contact you by email as quickly as we can with further instructions on how to return your product. These instructions will include your return label and unique RMA return number. Please wait for these instructions before returning your product to us; without both the return label and RMA number, we cannot accept your return.

1.	Go to www.safescan.com and log in to your Safescan account (or create one, if you don’t already have one).
2.	If you purchased your item using your Safescan account, go to your order history and click on the “return request” option. Complete the form to submit your request.
3.	If you purchased your Safescan product from one of our authorised dealers, go to “My RMAs” and fill in the form to submit your request. (You will need your purchase invoice or receipt for this.)
4.	We will contact you by email as quickly as we can with further instructions on how to return your product. These instructions will include your return label and unique RMA return number. Please wait for these instructions before returning your product to us; without both the return label and RMA number, we cannot accept your return.