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Currency Commission Consolidated Banknotes

The Munster and Leinster Bank Ltd. 1929–1940

Two Types, by signature


Type 1M. J. L. Gubbins 1929 – 1935. £1, £5, £10, £20, £50, £100
Type 2M. A. E. Hosford 1936 – 1940. £1, £5, £10


The Munster & Leinster Bank Ltd

1885–1966


The bank was established on 19 September 1885, to take over the business of the failed Munster Bank, mostly by shareholders of that bank. It commenced business on 19 October 1885 in several of the premises of the former Munster Bank. Later the Munster & Leinster Bank purchased 35 out of 43 of the Munster Bank's former branches, including the Dublin and Cork premises. Because the 1845 Act forbade the creation of any new banks of note issue, the Munster and Leinster bank did not issue banknotes.

The Munster & Leinster Bank Ltd. issued its own banknotes for the first time in 1929, with the Consolidated Banknote issue. Being quite a large bank, the Munster and Leinster had a big allocation (£852,000) of Ploughman notes. Munster and Leinster Ploughman Ten Pound notes are the most common of any bank, and its £1 and £5 notes are also easily obtainable. Hosford signature £1 notes are twice as common as those of the Gubbins signature.

In 1966, The Munster & Leinster Bank merged with The Provincial Bank of Ireland and The Royal Bank of Ireland to form Allied Irish Banks.


Ploughman Notes: Banks. Page 3 of 8

1 Bank of Ireland

2 Hibernian Bank

3 Munster and Leinster Bank

4 National Bank

5 Northern Bank

6 Provincial Bank

7 Royal Bank

8 Ulster Bank





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