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20 Pounds Bank of Ireland

Issuer Bank of Ireland
Year 1983
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Printer Thomas De La Rue & Company
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Obverse description The obverse carries a central guilloche underprint with the denomination TWENTY POUNDS in large intaglio lettering at centre. To the left, a circular vignette contains a classical bust portrait, below which the inscription BELFAST / DONEGALL PLACE appears. To the right, a standing allegorical figure of Hibernia is set within an ornate cartouche, with the motto BONA FIDES РЕСПУБЛІКА STABILITAS at its base. Bicentenary commemorative inscriptions appear across the upper portion of the note, flanking the serial number.
Obverse lettering Bank of Ireland Bank of Ireland Bicentenary - two centuries serving progress 1783 1983 I Promise to pay the bearer on demand Twenty Pounds Sterling For the Governor and Company of the Bank of Ireland Belfast Donegall Place Manager
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Comments

Bank of Ireland's £20 series of the early 1980s was printed by De La Rue in London at a time when the Irish pound still tracked closely against sterling — the two currencies had been at parity until the Republic joined the European Monetary System in 1979, after which the punt began to float independently. That decoupling made denominations like this one politically as well as economically significant.

Watermark-only security was already considered minimal by the early 1980s; De La Rue had more sophisticated options available, and the relative simplicity of the protection on this series reflects cost and procurement decisions at the Bank of Ireland rather than any technical limitation of the printer.

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