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20 Rials Rezā Pahlavī
| Issuer | Bank Melli Iran |
|---|---|
| Year | 1935 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | بانک ملی ایران بیست ریال |
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| Reverse lettering | بانک ملی ایران بیست ریال شیر و خورشید (Dates stamped in Persian: AH ١٣١٢ / ١٣١٣ / ١٣١٤ or ND) |
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| Comments |
Bank Melli Iran was established in 1928 as part of Reza Shah's broader program to dismantle foreign financial control — specifically to end the Imperial Bank of Persia's monopoly on note issue, which had been a British concession since 1889. This note belongs to the first series fully under Iranian state authority, a shift with real political weight behind it.
The American Bank Note Company contract was a deliberate choice away from British printers, consistent with Reza Shah's policy of counterbalancing British influence by cultivating American and German commercial relationships throughout the 1930s.