El Banco Mexicano de Comercio é Industria

These are not strictly paper money but, like the bonos de caja of other bancos refaccionarios, are included in the major catalogues.

The Deutsche Bank was founded in Berlin, Germany in 1870. In 1890 it founded a subsidiary, the Deutsche Überseeische Bank (Banco Alemán Transatlántico), which had twenty-two branches, including one in Mexico City. In 1906 this branch was converted into the Banco Mexicano de Comercio é Industria. Deutsche Überseeische Bank and Deutsche Bank remained shareholders in the new bank until their stocks were confiscated by the US government during the First World War.

The bank decided in late 1906 to issue bonos de caja and contacted the American Bank Note Company^{ABNC, folder 161, Banco Mexicano de Comercio é Industria (1907-1932)}. The ABNC sent proofs for a $1000 face and $100 back on 6 March 1907 and these were approved on 18 March. On 20 March the bank ordered 2,000 bonos of each of three denominations: $100, $500 and $1,000^ibid.. However, probably because of a delay in getting agreement from the Secretaria de Hacienda, approval was not given until 20 June, and even then the bank had yet to receive any reply from the Secretaría de Hacienda^ibid..

The 6,000 bonos were dispatched on 17 August 1907 and received by 12 September 1907^ibid..

Although the bank had expressed frustration at the time taken to produce the bonos, it seems that they never used them, as they do not appear in the bank’s balance sheets.

The American Bank Note Company cancelled the six plates used in printing these bonds on 25 August 1932^ibid..