Catalog
1000 Dollars Standard Chartered Bank
| Issuer | Standard Chartered Bank (Hong Kong) Limited |
|---|---|
| Year | 2010-2016 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Standard Chartered Bank (Hong Kong) Limited Promises to pay the bearer on demand at its office here One thousand Hong Kong dollars By order of the board of directors Chief Financial Officer Chief Executive Hong Kong 1 January 2016 |
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| Protection type | Watermark |
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| Comments |
Standard Chartered's Hong Kong dollar notes are issued under the authority of the Hong Kong Monetary Authority, with the bank acting as one of three note-issuing commercial banks — an arrangement unique among major financial centres. The $1000 denomination sits at the top of the circulating series and consequently sees relatively low handling volume; most high-value transactions in Hong Kong are settled electronically, meaning these notes circulate less than their face value might suggest.
Paper composition at this denomination, while not unusual for the period, was already being reconsidered industry-wide as polymer gained ground in neighbouring jurisdictions.