5 Pounds

The Natal Bank Limited was founded in 1854 in Pietermaritzburg and became one of the more significant colonial banks operating in Natal before its eventual absorption into the National Bank of South Africa in 1914. This note carries a date field left incomplete — the "18" prefix was printed, with day, month, and final digits to be added by hand at issue, a common plate-printing economy for notes intended to serve over multiple years.

Bradbury, Wilkinson engraved and printed the design in London, as was standard practice for colonial bank notes of the period — Natal's own infrastructure offered no equivalent facility. Notes of this series in any condition are genuinely scarce, given the relatively small issuing volume and the bank's long-ago wind-up.