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| 表面の説明 | The note is printed on a pale yellow paper with an elaborate engraved guilloche border incorporating repeated diamond and floral motifs, with numeral "100" medallions at each corner. At upper centre, a circular vignette bears the bank arms within a legend band reading "BANCO ESPAÑOL FILIPINO", flanked by the denomination counters "Ps.100" in bold letterpress on a dark horizontal band. Below, a cursive script promise-to-pay legend and the place and date of issue "MANILA. 1° Enero 1904" are accompanied by three signature lines for El Tenedor de Libros, El Cajero, and El Director; a counterfoil stub to the left carries the denomination "Ps. 100" in large bold type. |
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| 表面の銘文 | CIENTO. Nº El Banco Español Filipino Ps 100 Ps 100 Pagará al portador CIEN pesos MANILA. 1° Enero 1904. 1° Enero 1904. EL TENEDOR DE LIBROS EL CAJERO EL DIRECTOR (Translation: One Hundred. No. The Spanish-Filipino Bank will pay the bearer one hundred pesos. Manila. 1st January 1904. The Bookkeeper. The Cashier. The Director.) |
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El Banco Español Filipino was the oldest Western-style bank in the Philippines, and by 1904 it was operating in increasingly uncomfortable territory — American colonial administration had taken hold following the 1898 Treaty of Paris, and the bank's Spanish charter sat awkwardly under a new sovereign. This note was issued just two years before the institution was formally reconstituted as the Bank of the Philippine Islands in 1906, making the series among the last to carry the original Spanish-era name.
Barclay & Fry operated from Hackney in London and handled security printing for several colonial currency clients during this period, though they are less frequently cited than contemporaries like Bradbury Wilkinson or De La Rue.