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| Issuer | Philippine National Bank, Bacolod Branch (Negros Occidental) |
|---|---|
| Year | 1941 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | PHILIPPINE NATIONAL BANK EMERGENCY CIRCULATING NOTE OF 1941 SERIES OF 1941 THE PHILIPPINE NATIONAL BANK WILL PAY THE BEARER ON DEMAND V FIVE PESOS IN LAWFUL CURRENCY OF THE PHILIPPINES ISSUED BY AUTHORITY OF THE PRESIDENT OF THE COMMONWEALTH OF THE PHILIPPINES NEGROS OCCIDENTAL CURRENCY COMMITTEE Prov. Fiscal Member Actg. Mgr. P.N.B. Bacolod Branch Chairman Actg. Prov. Auditor Member City Bacolod Dec 1941 |
| Reverse description | Plain pale note with a uniform fine guilloche underprint across the entire field, enclosed by a simple rectangular border. The denomination V appears in the upper corners and numeral 5 in the lower corners. At center, bold letterpress text reads FIVE PESOS / PHILIPPINE NATIONAL BANK / EMERGENCY CIRCULATING NOTE, below which a smaller line states Issued by authority of the President of the Commonwealth of the Philippines. The overall design is austere, consistent with wartime emergency issue production. |
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| Comments |
The Philippine National Bank's Negros Occidental emergency issues of 1941 were produced under wartime duress after the Japanese invasion severed normal banking operations and supply lines from Manila. The Bacolod branch, along with several other provincial PNB branches, was authorized to print its own emergency currency — a genuinely unusual situation in which a single bank's regional offices issued notes independently of one another, each with distinct local characteristics.
These Negros Occidental guerrilla-era notes are among the more historically loaded provincial issues of the Pacific War. Survival rates vary considerably by denomination, and the S614 series is notoriously prone to paper fragility from the wartime stock used.