1.000 Sucres

The Banco Comercial y Agrícola occupied an unusual position in Ecuadorian monetary history: a private commercial bank with the legal authority to issue circulating currency. By 1907, the bank was already deeply entangled with the country's political establishment — its directors effectively controlled public finances, a arrangement that ended badly with the 1925 Revolución Juliana, which dissolved the bank and established the Banco Central del Ecuador specifically to break that grip.

At the 1,000 sucres denomination, this note functioned more as a financial instrument between institutions than a note passing through ordinary hands. ABNC printed the series in New York, as they did for most Ecuadorian issues of the period.