1 Zloty German occupation

The Bank Emisyjny w Polsce was a German-controlled institution established in April 1940 specifically to replace the Bank Polski and issue an occupation currency for the General Government territory. It was never a Polish national bank in any meaningful sense — its creation was an administrative mechanism to extract economic value from occupied Poland while severing the population from pre-war monetary structures.

The 1 Złoty note of this series was printed in Berlin. Low denominations circulated heavily among the civilian population and were subject to strict exchange controls that systematically disadvantaged Polish holders.