Are Bank of Ireland 10 Pound Notes Still Legal Tender
On 27 February 2019, Ulster Bank and Bank of Ireland issued new 5- and 10-pound polymer notes, while Danske Bank issued new 10-pound polymer notes. We will send you your money within 5 working days by bank transfer, PayPal or cheque. The Irish pound ceased circulation at the beginning of 2002. The CBI exchanges them at the rate of In 2008, the bank released a new series of £5, £10 and £20 notes known as the Bushmills Series, adding the £50 in 2012. However, the £100 denominations from Queen`s University Belfast remain the current £100 note. The Bushmills series was reprinted in 2013 with the same design features and enhanced safety features. The Bank of Ireland issues banknotes in denominations of £5, £10, £20, £50 and £100, and in 2008 all current banknote denominations came from Queen`s University`s Belfast series. This ten-pound sterling note measures 142 mm by 75 mm. The paper banknote contains the “Bank of Ireland” banknote. At the back of the £10 Northern Irish pound note is the Queen`s University building in Belfast. Some notes from old series may circulate with different dates and signatures.
If in doubt, please visit your branch. In addition to the standard series, Northern Bank briefly issued £5 notes commemorating the year 2000. These were printed by the Canadian Bank Note Company in Ottawa on an Australian polymer substrate rather than paper and were the first polymer banknotes to be put into circulation anywhere in the UK. [Note 1] Due to the small number of banknotes produced, these notes were also the only Northern Bank notes that were not recalled after the 2004 flight. In November 2006, Ulster Bank issued its first commemorative note – an issue of one million £5 notes to commemorate the first anniversary of the death of Northern Irish footballer George Best. It was the first Ulster Bank banknote to include its new logo, and the entire issue was accepted by collectors hours after it was available at bank branches. The Bank of England`s Chief Treasurer, Sarah John, said earlier: “The shift of our banknotes from paper to polymer in recent years has been an important development as it makes them more difficult to counterfeit and more durable. The majority of paper notes have since been withdrawn from circulation, but a significant number remain in the economy, so we ask you to check if you have any at home. For the next 100 days, these can still be used or deposited with your bank in the normal way. The old grades are the Queen`s University Belfast and Bushmills 2008 and 2013 series. These notes are still circulating and some may have different dates and signatures than those listed below, but the security features remain the same.
If in doubt, please visit your branch. Banknotes have been issued specifically for use in Northern Ireland since 1929 and are denominated in pounds sterling. They are legal tender, but technically nowhere is legal tender (including Northern Ireland itself). This is not unusual, as most banknotes are not recognized as tenders. [1] However, banknotes are still widely accepted as currency by major traders and institutions in other parts of the UK. The issuing banks obtained the legal right to issue money and secure the notes with deposits with the Bank of England. Repeat these steps for all other notes and coins you want to exchange. Complete the payment and get paid within 5 days of receiving your currency.
How to exchange your £10 Bank of Ireland (Queen`s University) note for cash: add it to your wallet now! Most danske Bank banknotes feature a number of notable people associated with the industry in Northern Ireland on the front. The reverse of each note features an illustration of the portico of Belfast City Hall, sculpted by F. W. Pomeroy. The main colours of Northern Bank banknotes with a face value above £5 were changed with the 2005 reissue and are now (old colour in the column before 2004): Bank of Ireland (UK) plc issues £5, £10, £20, £50 and £100 notes. In February 2019, we issued new polymer banknotes worth £5 and £10 to replace paper banknotes of the same denomination. The new polymer notes retain bushmills` iconic image and are cleaner, more durable and include additional safety features. The banknotes were first issued in denominations of 1, 5, 10, 20, 50 and 100 pounds.
Of these denominations, only £1 was no longer issued by all banks, the last of which was produced by the Allied Irish Banks in 1984. The £5 note is only now issued by the Bank of Ireland and Ulster Bank, and Northern Bank stopped issuing notes over £20 when it was renamed Danske Bank. 314 million £20 paper banknotes worth £6.3 billion (as of 27/05/2022) and £163 million £50 worth £8.2 billion (as of 10/06/2022) remain in circulation Do you have Irish pound notes like those in the images below? Add the amount you want to trade to your wallet. You will see exactly how much money you get for your Irish pounds. Click on the wallet icon to complete the payment and get paid within 5 days of receiving your currency. The issue of banknotes in Northern Ireland is governed by, inter alia, the Money and Banknotes Act 1928, the Coins Act 1971, the Banknotes (Ireland) Act 1864 (c. 78), the Banknotes Act 1920 (Ireland) (c. 24), the Bankers (Ireland) Act 1845, the Bankers (Northern Ireland) Act 1928 (c. 15). Do you have a £10 banknote from the Bank of Ireland (Queen`s University)? How to exchange it for cash: First Trust Bank`s current banknotes have a generic representation of a Northern Irish person. A middle-aged young man appears on the £10 bill, an older woman on the £20 bill, an older man on the £50 bill and finally the two elderly people together on the £100 bill.
Front panel designs typically feature images associated with the Spanish Armada, recalling the sinking of 24 Armada ships off the coast of County Antrim in 1588:[7][8] While the majority of the £20 and £50 paper notes in circulation have been replaced by new polymer versions, there are still more than £6 billion worth of paper worth £20 billion with economist Adam Smith. and more than £8 billion worth of £50 worth of paper banknotes with engineers Boulton and Watt in circulation.