ULSTER BANK has revealed the designs for its new vertical notes, which are due to go into circulation this year.
The bank, one of four in Northern Ireland that can issue new notes, said the designs were the result of a consultation with experts and members of the public.
The polymer notes will be in portrait format rather than the traditional landscape style.
CEO of Personal & Business Banking Les Matheson welcomes Ulster Bank’s new ‘vertical’ banknotes pic.twitter.com/faiFapdHbI
— RBS (@RBS) 24 May 2018
Switzerland, Venezuela and Israel are among the countries that have already adopted vertical notes.
Northern Bank also issued a special edition £5 vertical polymer banknote in 1999 to mark the millennium, although these are no longer being issued.
Based on the theme Living in Nature, the £5 note features images of Strangford Lough and Brent Geese, while the £10 note shows Lough Erne, an Irish hare and Guelder rose shrubs.
The notes go into circulation next yearRichard Donnan, Head of Ulster Bank in Northern Ireland, said: “Innovation is at the core of our bank, whether that’s through digital technologies, in our face-to-face services, or these designs.
“The notes will also contain advanced security features that will make the notes much harder to counterfeit, giving customers reassurance that their money is safe and secure.”
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