100 Pesos Banco Italiano del Uruguay

The Banco Italiano del Uruguay was one of several immigrant community banks that operated in Montevideo during the relatively permissive banking period preceding Uruguay's 1896 banking crisis, which wiped out a number of private issuing institutions. Whether this specific bank survived into that crisis or wound down earlier is not firmly established, but the note's very existence reflects the era when immigrant-founded banks in the Río de la Plata region routinely obtained note-issuing privileges alongside conventional lending operations.

The American Bank Note Company contract for this series is consistent with ABNC's dominant share of South American private bank printing in the 1880s.