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10 Pounds Danske Bank

Issuer Danske Bank (Northern Ireland)
Year 2017
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Reference(s) P#W214
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Reverse description The central vignette presents a detailed intaglio rendering of the pediment of Belfast City Hall, with sculptural figures in relief across the frieze. The composition is set against a fine guilloche underprint incorporating architectural and navigational motifs in green and light teal, with a transparent polymer window at right containing a repeating microprint security element. The denomination numeral and bank name appear at upper left and lower field respectively.
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Protection type Polymer substrate, Transparent window, Microprint
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Danske Bank is a Danish institution — its Northern Ireland operation descends from Northern Bank, which it acquired in 2005 and rebranded in 2012. That ownership chain matters here because Northern Ireland's unusual banking arrangement, a holdover from before the Bank of England assumed monopoly control elsewhere in the UK, permits three commercial banks to issue their own sterling notes, legal tender obligations backed pound-for-pound by Bank of England reserves.

The 2017 polymer issue was Northern Ireland's first from Danske Bank on the new substrate. Polymer adoption came later to Northern Ireland's commercial issuers than to the Bank of England, whose own polymer £5 had launched the previous year.

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