1 Yuan Bank of Eastern Chekiang

The Bank of Eastern Chekiang was a regional institution operating under Japanese occupation administration in Zhejiang province during the Second Sino-Japanese War. Notes issued in this period — particularly from 1944 — circulated in an economy deliberately fractured by occupation currency policy, which suppressed the Nationalist fabi and flooded coastal Zhejiang with competing puppet-bank paper to control local commerce and extract resources.

The S-prefix Pick number places this firmly in the specialized regional issues category, distinct from the major puppet banks like the Federal Reserve Bank of China. Collector documentation on this specific type remains thin, and authenticated examples surface infrequently.