BANCO CENTRAL DE BOLIVIA
PAGARÁ AL PORTADOR A LA VISTA
VEINTE BOLIVIANOS
EN ORO O GIROS-ORO
LA PAZ, Ley de 20 de Julio de 1928 (Translation: Central Bank of Bolivia will pay to the bearer at sight Twenty Bolivianos in gold or gold-bonds)
Reverse lettering
BANCO CENTRAL DE BOLIVIA
VEINTE BOLIVIANOS
DOS BOLÍVARES (Translation: Central Bank of Bolivia Twenty Bolivianos Two Bolívares)