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National Bank Note

What's the definition?

National Bank notes were United States currency banknotes issued by banks chartered by the United States Government. The notes were backed by United States bonds the bank deposited with the United States Treasury.

A Small Size example of these notes was quite similar in overall appearance to most of the Federal Reserve Notes that circulated through the 1990s, except that it was stamped with the name of the issuing commercial bank, and bore the signatures of that bank's President and Cashier.







The infomation above is licensed under the GNU Free Documentation License and is derived from The Free Encyclopedia.com


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