Northern Bank £5 note Northern Bank £5 note The Northern Bank £5 note was a banknote issued by Northern Bank for circulation in Northern Ireland, United Kingdom. It was the smallest denomination note issued by the bank and was not legal tender outside Northern Ireland. Following the takeover of Northern Bank by Danske Bank in 2004, production of the note ended and it was slowly removed from circulation. In October 1999 a special polymer version featuring an illustration of the Space Shuttle was issued in celebration of the millennium. It was the first polymer banknote used in the United Kingdom. After the Northern Bank
Bank of England £20 note amount that had been redeemed. From 1853 printed notes replaced handwritten notes, with the declaration "I promise to pay the bearer on demand the sum of twenty pounds" replacing the name of the payee. This declaration remains on Bank of England banknotes to this day. A printed signature of one of three cashiers appeared on the printed notes, though this was replaced by the signature of the Chief Cashier from 1870 onward. The right to redeem banknotes for gold ceased in 1931 when Britain stopped using the gold standard. The twenty pound note ceased to be produced by the Bank