20 Pesos

Banco de Occidente was a regional Colombian bank headquartered in Cali, one of several private banks authorized to issue currency under the free-banking legislation that had governed Colombia since the 1880s. That system was already dying by 1921 — the Banco de la República was established in 1923 with a note-issuing monopoly, rendering private bank currency obsolete almost immediately. Notes from this late period were often printed in quantity but circulated briefly before being called in.

Waterlow & Sons handled the plates. Colombian private bank issues from this printer are generally well-executed, though the short redemption window after 1923 means surviving examples tend to show light use at most.