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1000 Patacas Banco da China

Issuer Banco da China (Bank of China), Macau Branch
Year 2003
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Currency Pataca (1894-date)
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Protection type Watermark, Security thread
Protection description the Bank of China logo visible when held to light; embedded security thread running vertically through the note.
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Comments

Banco da China — the Macau branch of the People's Republic of China's state bank — gained the right to issue patacas only in 1995, joining Banco Nacional Ultramarino as a co-issuing authority under an arrangement formalized ahead of the 1999 handover from Portugal. This 2003 series was among the first full replacement issues printed after the transition, when BNU's role began its managed decline.

At the 1000 pataca denomination, Bank of China notes circulated primarily in commercial and casino settlement — street-level transactions in Macau rarely reached this value outside gaming venues. China Banknote Printing and Minting Corporation handled the work entirely domestically, a deliberate shift from earlier colonial-era reliance on European security printers.

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