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A 5 Pound note issued by the private banking firm of Gibbons & Williams in Dublin, Ireland (1833). Ireland has a history of trading its own banknotes for several centuries, both when the whole of Ireland was one legal entity, and following partition of the island into the Republic of Ireland and Northern Ireland.
They were designed and brought into circulation between 1976 and 1982. Servicon, an Irish design company, designed the £1, £5, £10, £20, £50, and £100 denominations. The £100 note was never issued or circulated. This is the only series of Irish banknotes without a note of this denomination. The theme of these notes was the history of ...
A new series of Bank of Ireland notes, in denominations of £5, £10 and £20, were issued in April 2008. All of the denominations feature an illustration of the Old Bushmills Distillery on the reverse side. Prior to 2008, all Bank of Ireland notes featured an image of the Queen's University of Belfast on the reverse side. [2] [3] [4]
The issuing of banknotes in Northern Ireland is regulated by the Currency and Bank Notes Act 1928, the Coinage Act 1971, Banknotes (Ireland) Act 1864 (c. 78), Banknotes (Ireland) Act 1920 (c. 24), Bankers (Ireland) Act 1845, Bankers (Northern Ireland) Act 1928 (c. 15), among others.
Each banknote has the signature of the Governor of the Central Bank of Ireland and the Secretary of the Department of Finance. [2] During much of the period of circulation of this series, foreign exchange controls prohibited the export of any notes larger than £20 from the Republic.
The Series A banknotes (Irish: Nótaí bainc sraith A) were the first banknotes created by and for the Irish Free State in 1928 [1] and continued to be issued when the Free State became the Republic of Ireland. They are considered to "count amongst the most iconic and beautiful of all modern banknotes."
The Bank Notes (Scotland) Act 1845 was passed the following year, and to this day, three retail banks retain the right to issue their own sterling banknotes in Scotland, and four in Northern Ireland. [ 22 ] [ 23 ] Notes issued in excess of the value of notes outstanding in 1844 (1845 in Scotland) must be backed up by an equivalent value of Bank ...
£1 Ploughman note distributed by the Bank of Ireland in 1932. The Ploughman series was a series of Irish banknotes issued by the Currency Commission of Ireland as a transitional measure for eight Irish banks: Bank of Ireland, Hibernian Bank, Munster & Leinster Bank, National Bank, Northern Bank, Provincial Bank of Ireland, Royal Bank of Ireland and Ulster Bank.