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20 Escudos

Issuer Banco Nacional Ultramarino
Year 1945
Type Standard circulation banknote
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Obverse lettering BANCO NACIONAL ULTRAMARINO DECRETO No. 17.154 CABO VERDE COLÓNIA PORTUGUESA VINTE ESCUDOS LISBOA, 16 de NOVEMBRO de 1945. BARTOLOMEU DIAS
(Translation: National Bank Overseas Decree no. 17,154 Cape Verde Portuguese Colony Twenty Escudos Lisbon, November 16, 1945.)
Reverse description Green intaglio print. Central vignette shows a seated allegorical female figure with a sailing ship in the background, framed by elaborate guilloche borders. Numeral 20 appears in large format within ornate panels at left and right, with the bank name arched across the upper field.
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Comments

Banco Nacional Ultramarino occupied an unusual position in Portuguese colonial finance — it held note-issuing rights not for Portugal proper but for its overseas territories, and this 1945 issue was specifically for Portuguese Guinea (present-day Guinea-Bissau). Bradbury Wilkinson's involvement was typical for colonial currency printed outside Lisbon; the firm handled an enormous volume of colonial and dominion paper for multiple European powers through the mid-twentieth century.

The 1945 date places this note squarely in the final months of the Second World War, a period when shipping disruptions affected distribution of printed currency to remote territories. Notes for Portuguese Guinea sometimes sat in storage considerably longer than intended before reaching circulation.

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