20 Rupias

Banco Nacional Ultramarino held the note-issuing monopoly across Portugal's overseas territories, and this 1945 Rupia issue for Portuguese India sits within a series that outlasted British India's own currency reforms by years — a deliberate act of administrative separation. Goa, Daman, and Diu remained under Lisbon's control until 1961, meaning these notes circulated alongside Indian rupees in a border economy rife with arbitrage.

Bradbury Wilkinson printed the series from their New Malden works. The choice of a British security printer for a Portuguese colonial issue was entirely routine — BW held contracts with dozens of colonial issuers regardless of metropolitan affiliation.