5 Pounds

The London Bank of Australia Limited was an Anglo-Australian institution that operated branches across New South Wales, Victoria, and Queensland before being absorbed into the English, Scottish and Australian Bank in 1921. The undated nature of this note is typical of the bank's later issue practice, though the 1910 attribution is conventional rather than certain — pinning a precise year to undated colonial and early Federation-era Australian private bank notes remains genuinely difficult.

Private bank currency in Australia effectively ended with the Commonwealth Bank Act of 1911, which set the stage for the eventual monopoly on note issue granted in 1920. This note exists near the close of that era of private issuance.