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

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Northern Ireland Banknotes
From 1929 - Note issues of the Joint Stock Banks

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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.

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: The 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 This status was revoked again after the war's end.


Types of Northern Ireland Banknotes


There are two basic Type groups for Northern Ireland banknotes.

  • Older Design Northern Ireland Banknotes 1929–ca1967
    These notes were generally larger and based on the pre-1929 designs

  • Modern Smaller Sized Banknotes ca1967–1999

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



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northern ireland banknotes 1929