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20 Pounds Ulster Bank
| Issuer | Ulster Bank Limited |
|---|---|
| Year | 1929 |
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| Printer | Charles Skipper & East, Northern Ireland |
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| Obverse description | The upper centre of the note bears a central vignette of a sailing ship at sea, flanked by two circular medallions each bearing the numeral '20', set within an ornate engraved border with guilloche work running along all four margins. The denomination 'TWENTY POUNDS' appears in bold letterpress within a blue underprint panel across the centre, above a framed tablet inscribed 'TWENTY'. The date 'Belfast, 1st June, 1929' and the promise-to-pay text are printed in black ink, with the issuer's name 'ULSTER BANK LIMITED' and 'NORTHERN IRELAND ISSUE' inscribed at the top. |
|---|---|
| Obverse lettering | Ulster Bank Limited Northern Ireland Issue I Promise to pay the Bearer on Demand Twenty Pounds Sterling at the Head Office of the Bank in Belfast For the Ulster Bank Limited Belfast |
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| Comments |
Ulster Bank's interwar £20 notes are uncommon survivors. High-denomination commercial bank notes from this period circulated almost exclusively within business-to-business transactions — retail use was essentially nil — and the relatively small number issued meant few passed through enough hands to show serious wear. That same low-volume issuance, however, also means the surviving population is genuinely thin.
Charles Skipper & East handled security printing for several Irish commercial banks during this period. The "Northern Ireland" attribution in the printer credit reflects post-partition reorganization of Ulster Bank's operational base after 1921.