1 Dollar / 1 Piastre - Haïphong

The Haïphong payability designation on this note reflects the commercial geography of northern Vietnam in the 1890s — Haïphong was the principal port serving Hanoi and the Tonkin delta trade routes, and the Banque de l'Indochine maintained a separate branch there distinct from its Saigon operations. Notes were issued payable at specific branches rather than as a unified territorial currency, a French colonial banking convention inherited from metropolitan practice.

Dupuis was a medallist of considerable reputation, and Léveillé's engraving work was executed to the exacting standards the Banque de France demanded of its own note production. The piastre/dollar dual denomination acknowledges the note's intended role in trade with neighboring British and treaty-port commerce, where the Mexican dollar remained the dominant unit of account.