1 Pond

The Nationale Bank der Zuid-Afrikaansche Republiek Beperkt — the chartered commercial bank of the Transvaal Republic, distinct from the state — had its notes produced by Charles Skipper & East in London, a firm that handled a substantial volume of colonial and quasi-colonial currency work during this period. The "te Pretoria" designation on the face is the bank's registered address, not a production location.

Date, day, and final year digit were completed by hand at issue, a convention shared across the series. The Anglo-Boer War of 1899–1902 effectively ended the bank's operations, and the subsequent British annexation rendered these notes worthless — which drove significant destruction. Survivors from the 1892–1894 window are correspondingly uncommon.