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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.
The issuing of banknotes by multiple private institutions was an everyday aspect of banking in Great Britain and Ireland at the time and remains so in Northern Ireland and Scotland. A banking commission was created in 1926, the Commission of Inquiry into Banking and the Issue of Notes , [ 1 ] to determine what changes were necessary relating to ...
A £1 Series A banknote. 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 Series B banknotes (Irish: Nótaí bainc sraith B) of Ireland replaced the Series A banknotes. The banknotes were issued between 1976 and 1992 by the Central Bank of Ireland , before being replaced in 1993 by Series C banknotes .
Northern Irish banknotes are fully backed such that holders have the same level of protection as those holding genuine Bank of England notes. [2] The £100 note is currently the largest denomination of banknote issued by the Bank of Ireland. [3] The £100 note of the Queen's University Belfast Series was first issued in 2005.
The obverse side of Bank of Ireland banknotes features the Bank of Ireland logo, below which is a line of heraldic shields each representing one of the six counties of Northern Ireland. Below this is a depiction of a seated Hibernia figure, surrounded by the Latin motto of the Bank, Bona Fides Reipublicae Stabilitas ("Good Faith is the ...
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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.
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