Herries & Co Circular Note

Contributor: E.J. Clery

Location: Lloyds Bank Archive and Museum, UK

Description: This creased and uncharismatic scrap of paper bears a name to conjure with, Robert Herries, visible in the design at either end: in addition to the Herries armorial bearings there are three ‘hurcheons,’ otherwise known as hedgehogs. This is a ‘circular note,’ precursor to the travellers’ cheque. It is a rarity; these notes were routinely destroyed after cancellation but this one is unused and therefore uncancelled. It was scanned from a guard book [ref A/26/b/3] by Karen Sampson of the Herries archive at Lloyds Bank. We do not know its provenance.

The template is in French, the international language of the day, and indicates that payment can be drawn at the Paris headquarters of the bank. The bank also had offices in Dover and London. On the note, there are spaces for the addition of a date and the customer’s signature. Upon completion, with presentation of a letter of ‘indication’ or identification, and after a wait of ‘sept jours,’ the circular note would yield cash in the local currency at banks and businesses in a network stretching from Calais to Moscow, and even further afield. It permitted a new, more informal, style of travel across Europe in the Romantic period.

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