1 Dollar The Futien Bank

The Futien Bank was a Yunnan provincial institution operating under the financial apparatus of Long Yun's warlord government, which controlled the province with considerable autonomy from Nanjing throughout the late Republican period. The "New" Futien Bank reorganized an earlier predecessor in 1929, and this dollar note — issued in the same year as the reorganization — represents the earliest emissions of the reconstituted institution.

ABNC's involvement was commercially motivated rather than diplomatic; Yunnan's de facto independence made direct contracting with American security printers entirely feasible, bypassing central government channels entirely.