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20 Pounds Ulster Bank

Issuer Ulster Bank
Year 2021
Type Standard circulation banknote
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Reverse lettering Ulster Bank Twenty Pounds Sterling
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Protection description Windowed security thread embedded across the upper portion of the note, visible on both faces; colour-shifting floral motif in the window area that shifts between colours when tilted.
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Ulster Bank ceased issuing new banknotes in 2023 following its withdrawal from the retail banking market in the Republic of Ireland, making the 2021 polymer series among the last notes the bank ever produced. The Northern Ireland operation technically continued under NatWest Group, but the window for new Ulster Bank paper was effectively closing when this note entered circulation.

Northern Irish banknotes occupy an unusual constitutional position — issued by commercial banks rather than a central authority, they are legal currency but not legal tender anywhere in the United Kingdom, a distinction that still catches people out at tills in England and Scotland.

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