Bank of England Says Banknotes Featuring Late British Queen's Image Remain Legal Tender

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London - The Bank of England said its banknotes featuring the image of Queen Elizabeth remained legal tender, following the monarch's death on Thursday, September 8. Queen Elizabeth was the first monarch to feature on Bank of England banknotes.

Reuters quoted Governor Andrew Bailey of the Bank of England as saying: “Current banknotes featuring the image of Her Majesty The Queen will continue to be legal tender. A further announcement regarding existing Bank of England banknotes will be made once the period of mourning has been observed 

“It was with profound sadness that I learned of the death of Her Majesty The Queen. On behalf of everyone at the Bank I would like to pass on my deepest condolences to the Royal Family.” 

The Examiner UK reports that money and stamps are two of the day-to-day items which carry Queen Elizabeth II's face, and both of them will have to be replaced. Although the Bank of England has not yet confirmed the date that the coins and cash will change, there is likely to be a significant transition phase between the Queen notes and new King Charles cash. 

A double rainbow reportedly appeared in the sky right above Buckingham Palace at exactly 6.30 pm on Thursday, September 8. Several people who gathered at Buckingham Palace hoped that the appearance of the rainbow symbolises a sign of good news to come. 

The funeral of Queen Elizabeth 

Elizabeth will lie in state for four days, then be buried nine days after she passes. Two thousand invited guests, largely heads of state, will attend in person. The funeral will be broadcast globally. Elizabeth is expected to then be buried next to her late husband, Prince Philip, and her father, King George VI.

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