20 Bolívares

The Banco Comercial de Maracaibo was one of the few Venezuelan regional banks that survived well into the twentieth century, largely because Maracaibo's oil boom gave it a commercial base that Caracas-centered institutions couldn't easily undercut. By 1929, Lake Maracaibo had already become the most productive oil field in the world, and the bank's note issuance reflected that regional economic confidence.

American Bank Note Company produced this series from its New York facilities — standard practice for Venezuelan private bank paper of the period. ABNC's Venezuelan contracts ran across multiple issuers and denominations through the 1920s, making their engraving style immediately recognizable to anyone handling regional Latin American currency of the decade.