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100 Barbados Dollars (20 Pounds 16 Shillings 8 Pence)

Issuer Royal Bank of Canada
Year 1920
Type Specimen
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Obverse lettering THE ROYAL BANK OF CANADA
PAY TO BEARER ON DEMAND
AT BRIDGETOWN
BARBADOS
ONE HUNDRED BARBADOS DOLLARS THE EQUIVALENT OF £20-16-8
ONE HUNDRED DOLLARS
IN BARBADOS CURRENCY
BEING THE EQUIVALENT OF TWENTY POUNDS SIXTEEN SHILLINGS AND EIGHT PENCE
REDEEMABLE ONLY IN BARBADOS
GENERAL MANAGER
SPECIMEN
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Reverse lettering ONE HUNDRED
BARBADOS DOLLARS
THE EQUIVALENT OF
£20-16-8
THE ROYAL BANK OF CANADA
DIEU ET MON DROIT
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Comments

The Royal Bank of Canada operated branches throughout the Caribbean from the early twentieth century, and this note reflects the awkward transitional moment when Barbados was moving away from sterling-denominated accounting. The dual denomination — 100 Barbados Dollars expressed alongside its sterling equivalent of 20 Pounds 16 Shillings 8 Pence — was not decorative; it was a legal and commercial necessity for a colony where both systems ran concurrently in trade and contract settlement.

American Bank Note Company's Ottawa facility handled the job. By 1920 that plant had been printing Canadian chartered bank issues for decades, making it the natural choice for a Canadian-chartered bank's colonial branch currency.

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