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500 Rupees Specimen Travellers Cheque External Issue State Bank of India Bombay
| Issuer | State Bank of India |
|---|---|
| Year | |
| Type | Vouchers |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | WHEN COUNTER SIGNED BELOW WITH THIS SIGNATURE STATE BANK OF INDIA BA 000000 -----19---- STATE BANK OF INDIA, CENTRAL OFFICE, BOMBAY (INDIA) BEFORE CASHING WRITE HERE PLACE AND DATE PAY THIS CHEQUE TO THE ORDER OF IN INDIA / IN OTHER COUNTRIES RUPEES FIVE HUNDRED PAY THIS CHEQUE TO THE ORDER OF 500Rs COUNTERSIGN HERE IN PRESENCE OF PERSON CASHING RUPEES FIVE HUNDRED SPECIMEN MANAGING DIRECTOR UNLESS OTHERWISE ENDORSED THIS DOCUMENT IS VALID AND NEGOTIABLE IN INDIA ONLY |
| Reverse description | Plain reverse with the State Bank of India logo flanked on each side by the denomination figure 500Rs. A bilingual advisory text in English states that the cheques were issued at a foreign centre and may be treated as foreign currency. Printer's imprint appears at lower margin. |
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| Comments |
The State Bank of India's travellers cheque programme expanded aggressively in the 1970s and 1980s to serve the Indian diaspora and foreign-exchange tourists at a time when private sector alternatives were tightly restricted under FEMA and its predecessor regulations. The "External Issue" designation marks this as intended for use outside India — a bureaucratic distinction that mattered enormously under the capital controls of the period, since domestically-issued and externally-issued instruments carried different redemption rules and foreign exchange accounting treatment.
Specimen examples like this were produced by the India Security Press at Nashik for internal distribution and training purposes, never released into circulation. The ISP's involvement is notable — it primarily handled passport and postage production, and its travellers cheque output represents a relatively narrow slice of the facility's overall work.