New bank notes set for introduction next week

  • Ulster Bank revealed in 2018 that the bank will be switching all of its £5 and £10 notes to a more secure and durable polymer material.

    The new material notes that will be completed with a vertical orientation will be in circulation next week, when all cash machines and branches will begin dispensing the new notes.

    Paper notes will continue to be legal and can be used but will be withdrawn from circulation in the coming months. Ulster Bank branches and ATMs will only release polymer notes going forward.

    “We’re really proud to be doing something different with our new vertical banknotes. The designs are made by people of Northern Ireland for people of Northern Ireland and they are an opportunity to show the creativity and talent of local people”, commented Richard Donnan, Head of Ulster Bank, Northern Ireland.

    “Even with the rise of digital methods, cash is still an important part of how people chose to bank – usage in Northern Ireland is higher than in other parts of the UK. That’s why worked hard to make our new notes safe, secure and designed in such a way that people from Northern Ireland can be proud of them. Those customers looking to get their hands on the new notes can call into our branches from the 27th February onwards”, stated Terry Robb, Head of Personal Banking at Ulster Bank.

    Acceptance of notes by retailers depends on the individual retailer’s own policy, there is no form of payment that any retailer is obliged to accecpt.

    The branches issuing notes on 27th February are listed below. All remaining branches will receive their stock of notes in the days following this.

    • Belfast City Office
    • Lisburn
    • Newry
    • Culmore
    • Enniskillen
    • Armagh
    • Newtownards
    • Andersontown

    Source: Ulster Bank Press Release

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