City of Melbourne Bank Limited - Australian private issues banknotes - Notes of Australia - Coins and Australia - Coins and Australia

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City of Melbourne Bank Limited - Banknotes

The City of Melbourne Bank Limited commenced operations in 1873. Never financially strong, the bank borrowed heavily in the 1889-90 land boom to finance speculative ventures. In this exposed position, it did not survive the financial crisis of the 1890's, suspending payments in 1893. A reconstruction in same year, in an attempt to meet commitments, was not a success and the bank was forced to close permanently in 1895.

City of Melbourne Bank Limited - 1893

Only a 1 pound note was made that year.

1 pound 1893

City of Melbourne Bank Limited - 1877

1, 5, 10, 20, 50, 100 pounds notes were produced.

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