1 Yuan Bank of Shansi, Chahar, and Hopei

The Bank of Shansi, Chahar and Hopei — known in Chinese as Jindong Yinhang — was established in 1937 under Japanese occupation authority as a tool for currency displacement in northern China. Its notes were designed to replace the fabi issued by the Nationalist government's Central Bank, deliberately draining silver and hard currency from the occupied territories through forced exchange at artificial rates.

By 1939 the bank's note circulation had expanded aggressively across all three provinces. Wartime paper quality was inconsistent across the series, and humidity damage is disproportionately common in survivors.