The Hong Kong dollar is the official currency of the Hong Kong Special Administrative Region of the People’s Republic of China. The official currency symbol: “$”, “HK$” or “元”.
Three commercial banks have been granted permission by the Hong Kong Monetary Authority to print their own banknotes for public circulation in Hong Kong. The three commercial banks, HSBC, Bank of China, and Standard Chartered, each issue their own banknote designs in values of HK$20, HK$50, HK$100, HK$500, and HK$1000, with all designs in the same denomination looking similar. The Government of Hong Kong, on the other hand, issues the HK$10 notes and all coinage. Oriental Bank Corporation, Chartered Bank of India, Australia and China, and Hong Kong and Shanghai Banking Corporation (HSBC) all began printing notes in the 1860s. In the 1860s and 1870s, there were denominations of 1, 5, 10, 25, 50, 100, and 500 dollars. Although merchants accepted these notes, they were not accepted by the Treasury for payment of government dues and taxes.
Banknotes in denominations of $ 5 or more issued by the three authorized local banks (the Mercantile Bank of India, London and China, the Chartered Bank of India, Australia and China, and the Hongkong and Shanghai Banking Corporation) were recognized legal money by the 1935 Monetary Ordinance. The Legislative Council of Hong Kong revised the Ordinance on the Issuance of Legal Tender Notes as early as the twenty-first century due to the incorporation of Standard Chartered (Hong Kong) on July 1, 2004. Standard Chartered Bank was replaced as one of Hong Kong’s banknote issuing banks by its newly founded subsidiary, Standard Chartered Bank (Hong Kong) Ltd.
The 1000 Hong Kong dollars note front design illustrates the Standard Chartered Bank Building and the denomination within a stylized design of a Bauhinia flower. The background features a design with the Standard Chartered Bank (Hong Kong) Limited repeated and stylized.
The reverse of the note illustrates the Hong Kong skyline, in which its skyscrapers and buildings are composed of 0 and 1. The lettering of the note is presented in the Chinese and English languages. This note is part of the 2018 series, and its color is orange and multicolor underprint.
Text: Standard Chartered Bank (Hong Kong) limited,Promises to pay the bearer on demand at its office here One thousand Hong Kong dollars,By order of the board of directors,Chief Financial Officer Chief Executive,Hong Kong 1 January 2018, Standard Chartered Bank(Hong Kong) Limited,Heritage and technology.