25 Livres

The Banque de Syrie et du Liban was a French-chartered institution operating under the Mandate authorities, and by 1939 its position was already precarious — the collapse of the Franco-Syrian Treaty of 1936 had left the political status of both territories in suspension. Notes of this series continued to circulate through the fall of France in 1940 and the subsequent Vichy administration of the Levant, meaning the same paper passed through radically different hands within just a few years of issue.

Bradbury Wilkinson's involvement places production firmly in New Malden, Surrey — the firm's home throughout this period — not in central London despite the address sometimes cited.