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50 Dollars

Issuer The Bank of Tokyo-Mitsubishi, Limited
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Composition Paper
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Obverse description Dark blue guilloche border with denomination "$50" at upper left, upper right, and right margin in white on dark panels. An intaglio oval vignette at left shows a classical female figure. Centre carries the MasterCard interlocking-globes logo in red and gold over an intricate multicolour guilloche underprint of repeated "50 U.S. Dollars MasterCard" text. Bilingual legends in Latin and Katakana/Hiragana script appear throughout.
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Reverse description Pale blue-grey underprint of repeating "MasterCard" microtext covers the entire field. At centre, a large gold MasterCard interlocking-globes device is printed over a guilloche rosette, with the brand name in gold script above and below. A blank oval panel at left is reserved for endorsement. No additional text appears.
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Comments

The Bank of Tokyo-Mitsubishi was itself a product of the 1996 merger between the Bank of Tokyo and Mitsubishi Bank — at the time the largest bank merger in Japanese history. This traveler's cheque series, printed by Toppan in Tokyo, was issued under that transitional identity before the institution rebranded again following the 2005 merger with UFJ Holdings to form BTMU.

Toppan's security printing division has long handled high-specification intaglio work, and traveler's cheques from this issuer are occasionally found with countersignature lines unused — redeemed but never actually signed, a processing anomaly at the point of encashment rather than a printing error.

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