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5 Pounds Ulster Bank

Issuer Ulster Bank Limited
Year 1989-1993
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Currency Pound sterling (1929-date)
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Reverse lettering ULSTER BANK LIMITED £5 NIHIL IMPOSSIBILE ERIT VOBIS
(Translation: Nothing will be impossible for you)
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Protection type Watermark, Security thread
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Ulster Bank Limited, though headquartered in Belfast, has operated as a subsidiary of NatWest — and later Royal Bank of Scotland — since 1917, which makes it one of the longer-surviving commercial note issuers in the islands still trading under its original name. The right to issue private banknotes in Northern Ireland was preserved under the Bankers (Ireland) Act 1845 and remains in force today, a legal survival that explains why a bank effectively owned by an Edinburgh institution continues printing its own currency.

De La Rue's security thread specification during this period predates the fully windowed threads that became industry standard in the mid-1990s.

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