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20 Pounds Ulster Bank

Issuer Ulster Bank Limited
Year 1970-1988
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Printer Bradbury Wilkinson and Company, United Kingdom (1856-1990)
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Obverse lettering Ulster Bank Limited promise to pay the bearer on demand Twenty Pounds at Head Office Belfast
Reverse description The reverse is dominated by the bank's heraldic coat of arms at centre, flanked by two large guilloche rosette vignettes in yellow-orange on a pale ground. Provincial arms appear in each of the four corners within the Celtic knotwork border. The denomination £20 is printed in intaglio at left and right of the central arms. The printer's imprint appears at the base.
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Comments

Ulster Bank's £20 note from this period was issued under a regime unique to Northern Ireland and the Republic: a handful of commercial banks retained the right to issue their own sterling-denominated notes, a privilege stripped from most UK banks in the nineteenth century but preserved in Ireland through the Bank Charter Act exceptions. Ulster Bank, ultimately a subsidiary of National Westminster by the early 1970s, continued issuing its own paper regardless — a practical necessity in a market where public trust in familiar local notes ran deep.

Bradbury Wilkinson produced security printing of consistently high technical quality throughout this era. The New Malden works closed when the firm was absorbed into De La Rue in 1990.

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