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500 Patacas Banco Nacional Ultramarino

Issuer Banco Nacional Ultramarino
Year 2020
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Value 500 Patacas 500 MOP = RSD 6175
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Obverse lettering 500
大西洋銀行
QUINHENTAS PATACAS
澳門元伍百圓
(Translation: Great Atlantic Bank
Five Hundred Patacas
Five Hundred Macanese Patacas)
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Reverse lettering Banco Nacional Ultramarino
500
澳門元 PATACAS
二零二零年五月十八日 澳門
MACAU, 18 DE MAIO DE 2020
批示第 18/2020 澳行規統
REGULAMENTO ADMINISTRATIVO N.º 18/2020
NOS TERMOS DO
CONSELHO DE ADMINISTRAÇÃO
(Translation: National Overseas Bank
500 Macanese Patacas
Macao, 18 May 2020
Administrative Regulation No. 18/2020
Pursuant to the Board of Directors)
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Comments

The Banco Nacional Ultramarino — a Portuguese colonial-era institution whose Macanese operation outlasted the handover by decades through a licensing arrangement with the Macau Monetary Authority — continued issuing notes alongside the AMCM's own series long after 1999. By 2020, BNU and Banco da China were the two authorized commercial issuers in the territory, a dual-issue structure unique among Chinese administrative regions.

Giesecke+Devrient's Munich plant has handled BNU Macau production across multiple recent series. At 500 patacas, this is the highest denomination in regular circulation; larger values exist but see negligible retail use.

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