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Bank of Ireland - Belfast Bank - National Bank - Northern Bank, Danske - Provincial Bank, AIB, First Trust - Ulster Bank

Northern Ireland Banknotes

From 1929 - Note issues of the Joint Stock Banks

bank of Ireland northern ireland banknotes 1929

belfast bank northern ireland banknotes 1929

national bank  northern ireland banknotes 1929

northern bank danske northern ireland banknotes 1929

provincial bank of Ireland northern ireland banknotes 1929

ulster bank northern ireland banknotes 1929

Northern Ireland Banknote issues

Ireland was ruled by the British until December 6th 1921. After this the country was partitioned into The Irish Free State (composed of 26 counties) and Northern Ireland (composed of 6 counties). Northern Ireland remained part of the United Kingdom, and the Irish Free State went on to become the Republic of Ireland.

During British rule several of the Joint Stock Commercial Banks had acquired the right to issue banknotes under various rules and restrictions. The Bank of Ireland was the first bank to issue paper money for circulation exclusively in Ireland. Its first issue was in 1783. Other banks later also received the right to issue paper money.

The right of note issue continued during the early years of the Irish Free State. The Currency Act 1927 provided for the creation of the Currency Commission Ireland to control the issue of currency in the new Irish state. In 1928 it commenced the issue of A Series Legal Tender Notes.

Bank of Ireland Ten Pounds 1929National Bank 20 Pounds 1929

In 1929 the currency issues of the Associated Banks (commercial banks) in the island of Ireland split into Consolidated Banknotes controlled by the Currency Commission in the Irish Free State, and a new Belfast issue in Northern Ireland. The Consolidated Banknote Issue replaced the banks' own note issues in the Irish Free State.

All six of the Joint Stock banks that had the right of note issue under British rule in Ireland continued to issue their own notes in Northern Ireland as part of the Northern Ireland Belfast Issue from 1929. They were: Bank of Ireland, National Bank, Ulster Bank, Northern Bank, Provincial Bank of Ireland, Belfast Banking Company.

The notes issued by the six banks were never legal tender, except during World War Two when Legal Tender status was granted as an emergency measure. This status was revoked again after the end of the war.

Types of Northern Ireland Banknotes

There are two basic Type groups for Northern Ireland banknotes.

All of the banks began to new produce modern small sized note designs in the late 1960s and early 1970 These banknotes incorporated the latest security features of the time.

Examples of many of the old banknote varieties and types are not available for illustration here. We would welcome submissions from anyone in possession of banknotes not pictured on this web site.

National Bank 20 Pounds Ulster Bank 20 PoundsUlster Bank 50 Pounds
Belfast Banking Company 5 PoundsBank of Ireland 20 Pounds 1929Provincial Bank of Ireland 20 Pounds 1929

Northern Ireland Issues Change to Polymer Banknotes

The first polymer note in Northern Ireland was issued by Northern Bank in 1999, in a special issue of two million notes.

Polymer banknotes, plastic notes, started to enter circulation again in Northern Ireland in 2019. Bank of Ireland, Danske Bank and Ulster Bank are replacing their paper note issues with polymer notes.

Denominations issued up to October 2021 are as follows: Danske Bank, £10, £20 notes; Ulster Bank, £5, £10, £20 notes; Bank of Ireland, £5, £10, £20 notes. Paper notes of higher denominations remain valid.

Replacement notes of the new Polymer notes are added on the Polymer Notes forum thread as they are reported.
ZZ replacement notes have been seen for the new Danske Bank £10 note. They mark a new series as previously YY had been the prefix in use for replacements of this denomination.

ZZ replacements have been seen for all Bank of Ireland denominations. The replacement prefix continues from the previous series. The Bank of Ireland regards the new polymer note designs as being part of its previous Bushmills series. It is a new series from the collector's viewpoint.

First Trust Bank has ceased issuing banknotes. Part of AIB group, First Trust Bank announced in 2020 that it would end its note issue and gradually withdraw its notes from circulation. Its notes will cease to circulate at midnight on 30th June 2022. After this date old notes of the bank, and those of its previous issues (issued under Provincial Bank of Ireland, and Allied Irish Banks) will be exchanged without time limit in the bank's branches for current issue Bank of England notes.

Special Sections and Articles

Irish Joint Stock Banks of Note Issue from 1783
Contemporary Forgeries of Early Irish Banknotes ca1800-1930
Irish Three Pound Notes of the Joint Stock Banks
The Transition of Irish Currency, Irish banknotes 1918–1928
The Partition of Irish currency, Irish banknotes 1928–1930
Low Number Irish Banknotes

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