We consider the grand unified SU(5) model with a small or vanishing cubic t
erm in the adjoint scalar field in the potential. This gives the model an a
pproximate or exact Z(2) symmetry whose breaking leads to domain walls. The
simplest domain wall has the structure of a kink across which the Higgs fi
eld changes sign (Phi --> -Phi) and inside which the full SU(5) is restored
. The kink is shown to be perturbatively unstable for all parameters. We th
en construct a domain wall solution that is lighter than the kink and show
it to be perturbatively stable for a range of parameters. The symmetry in t
he core of this domain wall is smaller than that outside. The interactions
of the domain wall with magnetic monopoles are discussed and it is shown th
at magnetic monopoles with certain internal space orientations relative to
the wall pass through the domain wall. Magnetic monopoles in other relative
internal space orientations are likely to be swept away on collision with
the domain walls, suggesting a scenario where the domain walls might act li
ke optical polarization filters, allowing certain monopole "polarizations"
to pass through but not others. As SU(5) domain walls will also be formed a
t small values of the cubic coupling, this leads to a very complicated pict
ure of the evolution of defects after the grand unified phase transition.