Catalog
500 Dollars Standard Chartered Bank
| Issuer | Standard Chartered Bank (Hong Kong) Limited |
|---|---|
| Year | 2010-2014 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 160 x 80 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 渣打銀行（香港） Standard 有限公司 Chartered Bank (HONG KONG) LIMITED PROMISES TO PAY THE BEARER ON DEMAND AT ITS OFFICE HERE 憑票即付 港幣伍佰圓 Five Hundred HONG KONG DOLLARS 承董事會命 BY ORDER OF THE BOARD OF DIRECTORS 財政總監 行政總監 CHIEF FINANCIAL OFFICER CHIEF EXECUTIVE 香港二零一零年一月一日 HONG KONG 1 JANUARY 2010 |
| Reverse description | Log in to see details |
| Reverse lettering | StandardCharteredBank (HONG KONG) LIMITED 渣打銀行(香港)有限公司 HERITAGE AND TECHNOLOGY TRADITIONAL FACE CHART AND BIOMETRICS |
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| Comments |
Standard Chartered has issued Hong Kong dollars continuously since 1859, making it one of the three authorized note-issuing banks under the territory's unique currency board arrangement — a system that requires each note to be fully backed by US dollars held with the Exchange Fund at the pegged rate of HK$7.80. The 500 dollar denomination sits at the high end of daily transactional use, common in commercial cash handling but rarely seen in retail circulation.
Cotton substrate was a deliberate retention choice as competitors moved toward polymer. The color-shifting ink on this series responds to a relatively shallow angle shift, which drew some criticism from security printers as insufficient for a high-value note.