Bank of Ireland £5 note

The Bank of Ireland £5 note is a banknote of the pound sterling. It is the smallest denomination of banknote issued by the Bank of Ireland.

Five pounds
(United Kingdom)
Value£5
Security featuresRaised print, watermark, security thread, see-through window, microprinting, UV feature
Material usedCotton
Years of printing2013–present (current design)
Obverse
DesignHibernia
Design date2013
Reverse
DesignOld Bushmills Distillery
Design date2013

History

The Bank of Ireland began issuing notes in 1783, the same year as the bank's founding. Early banknotes were denominations of the Irish Pound, but following that currency's abolition in 1826 banknotes produced by the Bank of Ireland were denominated in pounds sterling. These early banknotes were printed by the bank in Dublin, and featured a design with a row of Mercury heads across the top. This basic design remained effectively unchanged for 120 years.[1] Northern Irish banknotes are fully backed such that holders have the same level of protection as those holding genuine Bank of England notes.[2] The £5 note is currently the smallest denomination of banknote issued by the Bank of Ireland.[3]

The Queen's University Belfast Series was first issued in 2003. This issue features a representation of Hibernia on the front, alongside shields of arms of the six counties of Northern Ireland. The back of this note displays an image of Queen's University Belfast. In 2008 a new series featuring the image of the Old Bushmills Distillery on the reverse was introduced. Apart from this change of rear design the difference between this note and the preceding series is minimal. The design of the £5 note was tweaked in 2013, with slight changes of the front design taking place. The 2013 note also features an image of the Bushmills Distillery on the reverse.[3]

Designs
Note First issued Colour Size Design Additional information
Queen's University Belfast2003BlueFront: Hibernia; Back: Queen's University Belfast
Bushmills (2008)2008BlueFront: Hibernia; Back: Bushmills Distillery
Bushmills (2013)2013BlueFront: Hibernia; Back: Bushmills Distillery

Information taken from Bank of Ireland website.[3]

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References
  1. "Introduction to Irish Paper Money and Banknotes". Irish Paper Money. Archived from the original on 28 June 2016. Retrieved 29 June 2016.
  2. "Scottish and Northern Ireland Banknotes Factsheet" (PDF). Association of Commercial Banknote Issuers. Retrieved 5 June 2016.
  3. "Bank Notes". Bank of Ireland. Retrieved 7 July 2016.
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