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20 Dollars Standard Chartered Bank

Issuer Standard Chartered Bank
Year 2003
Type Standard circulation banknote
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Reverse lettering Standard Chartered Bank 香港渣打銀行 HONG KONG c.1850 香港
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Protection description Plain oval watermark area at left of reverse; holographic foil device at right of obverse and left of reverse.
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Standard Chartered has issued Hong Kong dollars continuously since 1862, making it one of only three commercial banks still authorized to do so — an arrangement unique among major financial centers globally. The 2003 series marked Standard Chartered's shift to Hong Kong Note Printing Limited, the Shenzhen-adjacent facility majority-owned by the People's Bank of China, a commercially and politically pointed choice for a British-origin bank operating in post-handover Hong Kong.

P#291 notes from this year occasionally show minor ink set-off on the reverse — a known characteristic of the early HKNPL print runs for this series, worth checking on any example before cataloguing condition.