Notes featuring the King’s portrait entered circulation yesterday (Wednesday, June 5) - and they are available in an Oxfordshire town.

It is the first time the sovereign has been changed on the Bank of England’s notes, and as of yesterday, people are snap up the new-look currency at selected Post Office branches.

One of these selected branches is in Woodstock, Oxfordshire.

The chosen Post Offices will initially have £5, £10 and £20 denominations of the new banknotes, and thousands of Post Offices will receive the new-look currency over the coming days and weeks.

The new notes will co-circulate alongside those featuring Queen Elizabeth II, however people will only start to notice the new notes appear in their change very gradually.

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In line with guidance from the Royal Household, the new notes will only be printed to replace those that are worn, and to meet any overall increase in demand.

The portrait of Charles will appear on all four banknotes – the £5, £10, £20 and £50 – with no other alterations to the existing designs.

Bank of England Governor Andrew Bailey said: “We’re very pleased to be issuing the new King Charles banknotes.

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“This is a historic moment, as it’s the first time we’ve changed the sovereign on our notes.

“We know that cash is important for many people, and we are committed to providing banknotes for as long as the public demand them. Bringing these new notes into circulation is a demonstration of that commitment.”

Although the Bank of England started to produce banknotes in the 17th century, Charles’s mother, Queen Elizabeth II, was the first British sovereign to be given the honour in 1960 on a £1 paper note.