Obverse: Design in black over a background in yellow. In the center, allegorical of a seated woman on the seashore with suitcases far away from a ship. Above, the issuer name "BANCO DE MARACAIBO" - "COMPAÑÍA ANÓNIMA". On each side, the denomination value "20" within a guilloche. Below, the denomination in words "VEINTE BOLIVARES" «twenty Bolívares». On the left, allegorical of a sailing ship with the denomination value "20" within a guilloche above. On the bottom, the signatures zone. Above, the payment clause "Que se pagaran al portador en Maracaibo a su presentacion" «Payable to bearer in Maracaibo upon presentation». On the right, Coat of Arms. Above, the date filling space "_____ de 19__" and the legend of the capitalization amount "CAPITAL 1.250.000".
Reverse: Design in yellow. On the left and on the right, the denomination value "20".
Production information: November 1907: 22,000 pieces
Design variations in the obverse: From Design A, Type A, changes the legend of the capitalization amount and the date filling space.
Signatures: "Gerente" «Manager» and "Presidente de la Asamblea Delegataria" «President of the Delegated Assembly»