The first banknotes in the British West Indies were issued by private banks, including the Colonial Bank, Barclays Bank (which took over the Colonial Bank) and the Royal Bank of Canada. Issues were made at Antigua, Barbados, British Guiana, Dominica, Grenada, St. Kitts, St. Lucia, St. Vincent, and Trinidad and Tobago. The main feature of interest about these banknotes was the fact that they displayed the dual accountancy system by stating the amount in both pounds sterling and in Spanish dollars at the automatic conversion rate of $1 = 4shillings and 2pence sterling.