Monday, October 27, 2008

Rare Currency notes of "The Chartered Bank of India, Australia and China"



The Chartered Bank of India, Australia and China also known as The Chartered Bank was founded in London in 1853. It opened its first branches in Calcutta and Bombay in 1858 and then later in Shanghai, Singapore and Hong Kong. In 1862 they got permission to issue bank notes in Hong Kong and then later in China and Malaysia. They opened their branches all over Asia.
The first note above is a 5 Dollar note issued in Tientsin province of China dated 12th June 1930. It is a very rare bank note and in an recent auction it was sold for more than US $250. But all the notes issued by them are not so costly. The second note of 10 Dollars issued in Hong Kong dated 1941.
In 1969 The Chartered Bank was merged with The Standard Bank of South Africa and was renamed as The Standard Chartered Bank. They are still continuing their operation in India and it is the oldest and biggest "Foreign Bank" in India. In 2008 they have completed their 150 years of operations in India.

1 comment:

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