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10 Patacas Year of the Tiger, Banco Nacional Ultramarino

Issuer Banco Nacional Ultramarino
Year 2022
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Currency Pataca (1894-date)
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Reverse description The Macau headquarters of Banco Nacional Ultramarino is illustrated at left, rendered as an architectural vignette. A stylized tiger appears at right, flanking a festive scene in which children celebrate the Chinese New Year by lighting firecrackers outside the Templo A-Ma (媽閣廟), evoking the traditional atmosphere of the Lunar New Year.
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Protection description Lotus flower watermark; denomination numeral in electrotype
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Comments

Banco Nacional Ultramarino's role in Macau is largely a historical one — it lost its note-issuing monopoly in 1995 when Banco da China began issuing alongside it — but it retains the right to issue, and these commemorative lunar new year notes have become an annual fixture. The Year of the Tiger issue is one of a long-running series, each tied to the Chinese zodiac cycle, with limited distribution aimed squarely at collectors rather than tills.

Giesecke & Devrient have handled much of BNU's modern output. Cotton substrate, single watermark security — modest by current standards, but these notes rarely see wallets.

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