5 Escudos

Banco Nacional Ultramarino held a unique position in Portuguese colonial finance — it was a private bank granted state-backed note-issuing rights across multiple overseas territories simultaneously, a arrangement that persisted well into the twentieth century. This particular series was produced by Bradbury Wilkinson during a period when the London firm was the dominant supplier of colonial currency printing for Portuguese Africa, handling plates for several BNU territories concurrently.

The specific colony of issue for P#26 is Angola. By 1935, the escudo had replaced the earlier angolar-denominated notes, following the currency reforms tying Angolan monetary policy tighter to Lisbon.