{"id":290479,"date":"2025-07-25T11:41:12","date_gmt":"2025-07-25T11:41:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/290479\/"},"modified":"2025-07-25T11:41:12","modified_gmt":"2025-07-25T11:41:12","slug":"bank-of-england-urgent-warning-over-king-charles-bank-notes","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/290479\/","title":{"rendered":"Bank of England urgent warning over King Charles bank notes"},"content":{"rendered":"

King Charles bank notes first went into circulation last year, but there is a key downside of the new notes\"UndatedThe new notes have been popping up in people’s wallets more and more(Image: PA)<\/p>\n

It’s been just over a year since the Bank of England first issued King Charles III bank notes. That means they’re becoming increasingly common in people’s wallets.<\/p>\n

But an unintended side effect is the rise in potential forgeries. As people aren’t as familiar with the new note, the potential for counterfeit notes to pass<\/a> through is even higher than normal.<\/p>\n

In 2023, the Bank of England and Raisin UK reported that approximately 116,000 fake banknotes, amounting to a face value of \u00a32.5 million, were taken out of circulation<\/a>. Despite the sophisticated security measures on the new polymer notes, which are intended to make it easier to identify counterfeits, the public is advised to exercise vigilance.<\/p>\n

Kevin Mountford, savings specialist and co-founder of Raisin UK, said: “For the foreseeable future, both Queen Elizabeth II and King Charles III banknotes will be circulating<\/a>. Security features are present on all of these notes, allowing you to check notes to prevent forgeries.”<\/p>\n

When speaking to YorkshireLive<\/a>, he offered some methods to check if your note is legitimate. When tilting the note from side to side, people should observe a shift in the hologram image’s wording of the note’s denomination. For instance, on a \u00a35 note, the word alternates between ‘Five’ and ‘Pounds’.<\/p>\n

Another feature to scrutinise is the see-through window. The metallic image over this window should display specific colours – gold for the \u00a35 and \u00a310 notes, a blend of gold and blue for the \u00a320 note, and gold and green for the \u00a350 note.<\/p>\n

In addition, the window should also exhibit a portrait that corresponds with the printed monarch. “Familiarise yourselves with the look and feel of the new notes,” he suggested.<\/p>\n

“Forgeries are often much easier to spot now these banknotes have improved from previous paper ones – however, criminals may still attempt to exploit the changes.”<\/p>\n

Although counterfeit banknotes are rare, they hold no value and you will not receive compensation if you come across one. If you suspect a banknote is counterfeit, please take it to your nearest police station, where it can be submitted to the National Crime Agency for further investigation.<\/p>\n

“Most retailers regularly check banknotes, so it’s unlikely you will come across a counterfeit when shopping with trusted retailers,” Kevin added. “You should exercise more caution when accepting cash from markets, online marketplaces like Facebook, and any cash-in-hand jobs.”<\/p>\n","protected":false},"excerpt":{"rendered":"King Charles bank notes first went into circulation last year, but there is a key downside of the…\n","protected":false},"author":2,"featured_media":290480,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7708],"tags":[7709,7730,7731,188,1760,518,7710,519,961],"class_list":{"0":"post-290479","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-royals","8":"tag-british-royal-family","9":"tag-charles","10":"tag-charles-iii","11":"tag-crime","12":"tag-king-charles","13":"tag-king-charles-iii","14":"tag-royal-families","15":"tag-royal-family","16":"tag-your-money"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114913692192893688","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/290479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=290479"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/290479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/290480"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=290479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=290479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=290479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}