Multirate filter banks with block sampling were recently studied by Kh
ansari and Leon-Garcia. In this paper, we want to systematically study
multirate filter banks with block sampling by studying general vector
filter banks where the input signals and transfer functions in conven
tional multirate filter banks are replaced by vector signals and trans
fer matrices, respectively, We show that multirate filter banks with b
lock sampling studied by Khansari and Leon-Garcia are special vector f
ilter banks where the transfer matrices are pseudocirculant, We presen
t some fundamental properties for the basic building blocks, such as N
oble identities, interchangeability of down/up sampling, polyphase rep
resentations of M-channel vector filter banks, and multirate filter ba
nks with block sampling, We then present necessary and sufficient cond
itions for the alias-free property, finite impulse response (FIR) syst
ems with FIR inverses, paraunitariness, and lattice structures for par
aunitary vector filter banks. We also present a necessary and sufficie
nt condition for paraunitary multirate filter banks with block samplin
g, As an application of this theory, we present all possible perfect r
econstruction delay chain systems with block sampling, We also show so
me examples that are not paraunitary for conventional multirate filter
banks but are paraunitary for multirate filter banks with proper bloc
k sampling, In this paper, we also present a connection between vector
filter banks and vector transforms studied by Li, Vector filter banks
also play important roles in multiwavelet transforms and vector subba
nd coding.