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200 Pesos Bank of the Philippine Islands
| Issuer | Bank of the Philippine Islands |
|---|---|
| Year | 1912-1928 |
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| Shape | Rectangular |
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| Obverse description | The obverse is dominated by a central intaglio vignette, set within an oval frame, of a seated allegorical female figure holding scales of justice in her raised right hand and a shield at her left, rendered against a fine guilloche underprint. Denomination numerals '200' occupy all four corners within ornate lathe-work borders, while a blue circular bank seal bearing the arms of the Philippine Islands appears at right and the date and place of issue are inscribed in script at lower left. |
|---|---|
| Obverse lettering | THE BANK OF THE PHILIPPINE ISLANDS WILL PAY TO THE BEARER ON DEMAND TWO HUNDRED PESOS MANILA SERIES OF 1928 |
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| Comments |
The Bank of the Philippine Islands was a private commercial bank, not a government institution — its right to issue currency derived from a colonial charter granted under American administration. The BEP's involvement placed these notes among the most technically sophisticated in Southeast Asian circulation at the time, printed to standards identical to U.S. federal paper currency.
The 200 Peso denomination was the highest in this series, which made it rare in everyday commerce and far more common in interbank settlement and large mercantile transactions. Most circulated heavily within Manila's Chinese business community before the series was eventually retired as the Philippine government consolidated note-issuing authority.