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1000 Dollars Standard Chartered Bank
| Issuer | Standard Chartered Bank |
|---|---|
| Year | 2003 |
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| Reference(s) | P#295 |
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|---|---|
| Obverse lettering | 1000 香港渣打銀行 Standard Chartered Bank ESTABLISHED IN HONG KONG 1859 PROMISES TO PAY THE BEARER ON DEMAND AT ITS OFFICE IN HONG KONG 港幣壹仟圓 One Thousand HONG KONG DOLLARS BY ORDER OF THE COURT OF DIRECTORS |
| Reverse description | The central vignette presents a detailed panoramic view of the Hong Kong harbour skyline, rendered in brown intaglio, with Victoria Harbour in the foreground and the densely built cityscape including prominent skyscrapers stretching across the middle ground beneath a clouded sky. A large oval watermark window is positioned to the left of the vignette, with the gold and green holographic device at upper left bearing the denomination. Fine geometric guilloche patterns border the composition on all sides, with the denomination '1000' repeated at left and right. |
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| Comments |
Standard Chartered has issued banknotes in Hong Kong under a colonial-era ordinance that was preserved after the 1997 handover, making it one of three commercial banks still legally authorised to issue currency there — an arrangement almost unique in the modern world. At the $1000 level, notes see relatively low circulation velocity; most are used for large transactions, stored briefly, then returned to the banking system.
The 2003 series introduced upgraded security across the denominations following regional concerns about sophisticated counterfeiting in the late 1990s. The hologram strip on this value was among the more technically ambitious applied to any Hong Kong commercial issue at the time.