1 Pound Munster and Leinster Bank

The Currency Commission was established under the Currency Act of 1927 to unify Irish note issue, but rather than immediately replacing the old commercial bank notes, it retained the existing bank names on a new consolidated series — hence "Munster and Leinster Bank" appearing on a note issued by a state body. The Munster and Leinster Bank itself had not independently issued notes since the Commission took over in 1928.

Two signature combinations exist across the life of the issue, with Joseph Brennan serving as Currency Commissioner throughout both periods while the second signatory changed from J.J. Gubbins to J.J. Hosford in early 1936. Notes from the shorter first signature period are considerably harder to locate in collectable condition.