national banks cannot enter into correspondence with banks abroad

According to the present JAPAN act,

1883 national banks cannot enter into 

correspondence with banks abroad.

 This is quite against the 

future expansion of business. 

The act is full of other restrictions, 

and it restrains the freedom of action 

so much needed in the banking business. 

Moreover, such privileges as it confers 

should not be granted in profusion,

or for long periods. 

BLACK PENNY STRIP OF THREE SEE CAT OF SG OF 1992 CAT IS 3500

BLACK PENNY STRIP OF THREE 
SEE CAT OF SG OF 1992 
CAT IS 3500  POUNDS =5300 US $

Rare China Japan Banknotes and Banking

日本銀行 Nippon Ginko history

Rare China Japan Banknotes and Banking
Bank of Japan was founded after the Meiji Restoration. Prior to the Restoration, Japan's feudal fiefs all issued their own money, hansatsu, in an array of incompatible denominations, but the New Currency Act of Meiji 4 (1871) did away with these and established the yen as the new decimal currency, which had parity with the Mexican silver dollar.The former han (fiefs) became prefectures and their mints became private chartered banks which, however, initially retained the right to print money. For a time both the central government and these so-called national banks issued money. A period of unanticipated consequences was ended when the Bank of Japan was founded in Meiji 15 1882 after a Belgian model. It has since been partly privately owned its stock is traded over the counter, hence the stock number. A number of modifications based on other national banks were encompassed within the regulations under which the bank was founded.The institution was given a monopoly on controlling the money supply in 1884, but it would be another 20 years before the previously issued notes were retired.

https://www.facebook.com/groups/760234664104595/

https://www.facebook.com/groups/760234664104595/

Joined

CHINA BOND USED IN BOMBAY VERY RARE LOCATION

 CHINA BOND USED IN BOMBAY VERY

 RARE LOCATION

THE CENTRAL BANK OF WESTERN INDIA 1866 ON 9 FEBRUARY 1866

THE CENTRAL BANK OF WESTERN INDIA 1866 ON 9 FEBRUARY 1866

This is a unique note issued with combination of several countries links. The note was

issued in 1866 at yokohoma in Japan and the name on the note is the Central
Bank of Western India with value of 25$. The note was printed in London by Sprague and

Co., The date of the issue of this bank notes was written by black pen dated 9th
February 1866. The signature on the note was of Mr.J. Morrison. The note bears the

vignate of a lady carrying a seal and a palm tree with a backdrop of hills and few sailing
ships. The note also carries few cotton bales and jewelery.The note is fixed into the frame with inscriptions in Japanese all over the frame and

four blocks WITH Japanese inscription fixed to the four corners of bank notes.
“”The note is canceled with a rubber stamp.””
Even though there is a bank which was named as BANK OF WESTERN INDIA which operated

during the period of 1842-1845 A.D. which bears a seen depicting town hall region of Bombay with St. Andrews Church.It also has palm tree the castle of Bombay along with few ships entering the Bombay harbor. This is issued for the value of Rs. 5/ and was canceled at several places on the note. The date on the note was May

18th 1844.