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500 Dollars HSBC
| Issuer | The Hongkong and Shanghai Banking Corporation Limited |
|---|---|
| Year | 1993-2002 |
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| Composition | Log in to see details |
| Size | 158 × 79 mm |
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|---|---|
| Obverse lettering | The Hongkong and Shanghai Banking Corporation Limited 500 香港上海匯豐銀行有限公司 Promises to pay the bearer on demand at its Office here FIVE HUNDRED HONGKONG DOLLARS 憑票即付 港幣伍佰元 承董事會命 By order of the Board of Directors EXECUTIVE DIRECTOR 執行董事 HONGKONG 1st JANUARY 1999 香港一九九九年一月一日 |
| Reverse description | Log in to see details |
| Reverse lettering | 伍佰 香港上海匯豐銀行有限公司 500 500 The Hongkong and Shanghai Banking Corporation Limited 伍佰 |
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| Comments |
The Hongkong and Shanghai Banking Corporation began issuing notes in its own name in 1865, and by the 1990s remained one of three commercial banks licensed to issue Hong Kong dollar banknotes — an arrangement unique among major financial centers. This series straddles the 1997 handover, meaning notes dated before and after July 1997 carry the same design but exist in politically distinct monetary moments. HSBC continued as a note-issuing bank under the Basic Law without interruption.
Thomas De La Rue's involvement here is routine for the issuer — HSBC used them extensively across this period. Security provision on this denomination is relatively light for a high-value note, relying on watermark and thread without the more sophisticated features De La Rue was producing for other clients by the mid-1990s.