Mercantile Bank of India, London and China

Mercantile Bank Ltd

A banknote issued by Mercantile Bank of India operating in China, the Chinese government allowed for certain foreign banking corporations to become "note issuing authorities", these banknotes were issued to circulate in China.
Industry	Financial services
Predecessor	Mercantile Bank of Bombay (1853) Mercantile Bank of India, London, and China (1857) Mercantile Bank of India, Ltd (1893)
Founded	1853
Fate	Acquired by HSBC 1959 Acquired by Citibank 1984 Acquired by the Bank of Tokyo-Mitsubishi, Ltd. 1987
Headquarters	Bombay (1853) London (1858)

The Mercantile Bank of India, London and China, later Mercantile Bank Ltd (Chinese: 有利銀行), was an Anglo-Indian bank with business focus in the Far East. It was founded in Bombay in 1853 as the Mercantile Bank of Bombay; and later in 1857 was renamed to Mercantile Bank of India, London, and China with London as its headquarters.

By 1959, through a series of mergers and divisions, its name had been shortened to 'Mercantile Bank, Ltd', and was acquired by HSBC the same year. The bank was an issuer of Hong Kong bank notes until 1974.