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20 Sucres
| Issuer | Banco del Pichincha |
|---|---|
| Year | 1912-1921 |
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| Composition | Log in to see details |
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| Printer | American Bank Note Company |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO DEL PICHINCHA COMPAÑIA ANONIMA QUITO CAPITAL S/1.000.000 SERIE D PAGARA AL PORTADOR A LA VISTA VEINTE SUCRES EN MONEDA CORRIENTE American Bank Note Co. New York |
| Reverse description | Printed in blue. Central rectangular vignette of men with an ox-drawn cart at center, within an ornate guilloche frame. Denomination numeral '20' repeated at left and right within floriate cartouches, with 'XX' corner counters. 'BANCO DEL' above and 'PICHINCHA' below the central vignette. |
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| Comments |
Banco del Pichincha was founded in Quito in 1906 and held the concession to issue private banknotes in Ecuador during a period when no single central bank existed — the country ran on a patchwork of competing regional bank emissions. The ABNC contract for this series was typical of the era's South American private banking arrangements, where provincial institutions routinely outsourced security printing to New York rather than use domestic facilities.
The S-prefix in the Pick reference flags this as a provincial or private issue, distinct from the government series. Banco del Pichincha survived where many of its contemporaries did not, eventually transitioning into the modern commercial bank still operating under that name — one of the few Ecuadorian private banks of this generation with an unbroken institutional history.