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1000 Patacas Banco da China
| Issuer | Banco da China (Macau) |
|---|---|
| Year | 2020 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Protection type | Watermark, Security thread |
| Protection description | Lotus flower and electrotype 1000 watermark; embedded security thread |
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| Comments |
Banco da China has operated as one of Macau's three note-issuing banks since 1995, a direct consequence of Beijing's gradual tightening of influence over the territory's financial architecture ahead of the 1999 handover. The 1000 Pataca denomination sits at the top of the circulating series and sees comparatively limited everyday use — high-value notes in Macau function largely as store-of-value instruments given the territory's heavy reliance on casino chips and electronic settlement for large transactions.
Paper substrate at this denomination is notable; by 2020 most major issuing authorities had migrated their highest denominations to polymer. CBPMC retained conventional paper here, with security relying on thread and watermark rather than the substrate itself.