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5 Dollars The Royal Bank of Canada
| Issuer | The Royal Bank of Canada |
|---|---|
| Year | 1943 |
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| Composition | Log in to see details |
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| Printer | British American Bank Note Company, Ottawa |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 5 - 5 DOMINION OF CANADA THE ROYAL BANK OF CANADA WILL PAY TO BEARER ON DEMAND FIVE DOLLARS MONTREAL, JAN 2nd 1943. General Manager - President BRITISH AMERICAN BANK NOTE COMPANY LIMITED 5 - 5 |
| Reverse description | Log in to see details |
| Reverse lettering | 5 - 5 THE ROYAL BANK OF CANADA FI 5 VE - FI 5 VE FIVE DOLLARS BRITISH AMERICAN BANK NOTE CO LTD OTTAWA 5 - 5 |
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| Comments |
The Royal Bank of Canada's wartime chartered bank issues occupy an odd position in Canadian numismatic history — by 1943, the Bank of Canada had already assumed full control of currency issuance, yet chartered banks retained the legal right to issue their own notes until 1950. This series continued largely as a matter of institutional habit and contractual obligation rather than monetary necessity.
Morris W. Wilson served as President of the Royal Bank from 1934 until his death in 1946, making him a fixture across the wartime signature combinations. Dobson held the General Manager's position. The British American Bank Note Company split production between its Montreal and Ottawa facilities throughout this period.