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| 正面描述 | The upper portion of the note carries the issuer's title 'Ulster Bank Limited' in bold letterpress within a decorative border, centred above a vignette of a sailing ship in full sail rendered in intaglio. The denomination numeral '1' appears in ornate panels to either side of the central vignette, with the place and date of issue printed below. A blue overprint bears the promise-to-pay text across the centre, with serial numbers flanking the design and the word 'Belfast' set in large capitals along the lower margin. |
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| 背面描述 | The reverse is plain unprinted paper, showing no design elements, lettering, or ornamentation, consistent with the note-issuing practice of Ulster Bank for this series. |
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Ulster Bank was a Belfast-based commercial bank operating under Irish Free State legislation while simultaneously serving Northern Ireland — an awkward jurisdictional position that persisted through the 1920s as the border settlement was still being digested politically and financially. This note series bridges that uncertain window, issued after the 1920 partition but well before any regulatory clarity had settled around note-issuing privileges for banks straddling both jurisdictions.
Pick 388B is among the scarcer Ulster Bank issues of the interwar period, with low survival rates attributable to active circulation rather than any destruction event.