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5 Pounds

Issuer Standard Bank of South Africa Ltd., Durban
Year 1900-1920
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Shape Rectangular
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Obverse description The obverse is printed in blue-green and brown tones within an elaborate guilloche border, with the inscription NATAL ISSUE at the top margin. To the left stands a vignette of a Boer settler figure in period dress holding a staff, and to the right an allegorical female figure of Commerce seated beside trade goods. The central text reads THE STANDARD BANK OF SOUTH AFRICA LIMITED, DURBAN BRANCH, with the denomination FIVE POUNDS in a panel at centre, a promise-to-pay clause, serial number, date of 1st July 1918, and a manuscript signature below the board of directors notation. The word VIJF appears at lower left and FIVE at lower right.
Obverse lettering NATAL ISSUE
THE STANDARD BANK OF SOUTH AFRICA LIMITED.
DURBAN BRANCH.
DURBAN
Promise to pay the Bearer on Demand at their Office
FIVE POUNDS
VALUE RECD.
1st July, 1918.
By order of the Board of Directors
VIJF
FIVE
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Comments

Standard Bank operated a network of regional branches across southern Africa, each authorized to issue notes bearing that specific branch's name as the place of payment — Durban in this case, not the printing location. The notes in this series were produced in London, almost certainly by Waterlow & Sons, who held the Standard Bank contract through much of this period.

The Durban branch issues are considerably scarcer than those from Cape Town or Port Elizabeth, reflecting lower commercial throughput in Natal relative to the Cape. The 1899–1902 Anglo-Boer War disrupted banking operations significantly in the interior, but Durban — as a coastal port — remained relatively stable, meaning these notes did circulate rather than being held back as precautionary reserves.

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