Banknote News: Bank of Ireland,Danske Bank and Ulster Bank to introduce polymer £20 note

Bank of Ireland,Danske Bank and Ulster Bank to introduce polymer £20 note

Bank of Ireland,Danske Bank and Ulster Bank to introduce polymer £20 note header image

The Bank of Ireland states: "The new £20 note will retain the iconic image of The Old Bushmills Distillery (The oldest licensed Distillery in the world), in County Antrim, the world’s oldest licensed whiskey distillery. The note will also include enhanced security features, including a holographic stripe and a clear window which can be seen from both the front and back of the note. As part of the security feature, the note will also include a shiny, iridescent area of ink which changes colour as you tilt it. In addition to security elements, the £20 polymer note will incorporate a tactile feature with three arrangements of four dots in a square formation, enabling physical identification for the visually impaired. The £20 polymer note features Bank of Ireland Group Chief Executive Officer Francesca McDonagh as the signatory."

The Danske Bank 20-pound notes: "The introduction of the new £20 polymer note on July 20, is a natural follow on from the £10 polymer note Danske Bank launched in February 2019. It will be slightly smaller than the paper version but will have a similar design and will still feature a portrait of Co Down born inventor Harry Ferguson (4 November 1884 – 25 October 1960) was an Irish-born British mechanic and inventor. There will be subtle colour and feature upgrades including a see-through section, holographic foil and a tactile feature to help blind and partially-sighted people identify the value."

The third Northern Ireland bank, Ulster Bank, also scheduled a new 20-pound note. However, the issue has been delayed. On the old design the statement was printed: "Ulster Bank Limited / promise to pay the bearer on demand … at Head Office Belfast / For Ulster Bank Limited." On 14 February 2020, the Royal Bank of Scotland Group, which includes the Ulster Bank, was renamed NatWest Group. Due to this name change, the legal clause on the 20-pound denomination will be changed to "National Westminster Bank Plc, / trading as Ulster Bank, promise / to pay to bearer on demand … at Belfast." Notes with the new clause will be issued “in the near future,” which some sources cite as October 2020, but given that the notes are dated 1 March 2021, a later introduction date is more likely. .

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