20 Pounds

The Natal Bank Limited was established in 1854, making it one of the earliest commercial banks in the colony. Bradbury, Wilkinson produced notes for numerous British colonial institutions during the nineteenth century, and the plates for this series were almost certainly engraved in London and shipped as completed printed sheets — the colony had no printing infrastructure capable of this quality.

The incomplete year date ("18xx") indicates unissued remainders, printed but never formally dated or signed for release. At twenty pounds, this was a high-denomination instrument in a colony where most daily commerce ran on far smaller values — the note would have moved between merchants and land agents, not general public hands.