5 Pounds Royal Bank of Canada

The Royal Bank of Canada operated a substantial branch network in the British Caribbean in the early twentieth century, and this sterling-denominated 5 Pounds note was issued specifically for that business — Canadian dollars would have been useless on the ground in Jamaica or Trinidad. The decision to denominate in pounds rather than dollars reflects the commercial reality of colonial trade finance, not any ambiguity about the bank's Canadian identity.

ABNC's Ottawa plant handled this printing, the same facility responsible for much of Canada's chartered bank output during the period before federal consolidation ended private note issue.