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20 Pounds Bank of Ireland
| Issuer | Bank of Ireland |
|---|---|
| Year | 1929 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | Bank of Ireland I Promise to pay the bearer on Demand Twenty Pounds For the Governor and Company of the Bank of Ireland Belfast Donegall Place 9 May 1929 TWENTY BONA FIDES REIPUBLICA STABILITAS |
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| Reverse lettering | BANK OF IRELAND TWENTY POUNDS 20 |
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| Comments |
Bank of Ireland's Belfast branch operated as a separate note-issuing authority from the Dublin head office under the Currency Act (Northern Ireland) 1927, which established a distinct legal framework for banknote issue in the newly partitioned North. This note falls squarely within the early years of that arrangement, when Belfast-issued Bank of Ireland notes circulated alongside those of several competing Ulster banks — all legally valid but each fiercely regional in practice.
The 1929 date places it just ahead of the economic shock that would suppress demand for high-denomination notes throughout the 1930s. Twenty-pound notes from this period saw very limited everyday use; they were instruments of commercial settlement, not retail trade.