10 Yuan

The Chi Tung Bank was not a conventional commercial institution — it was established in 1936 under Japanese sponsorship to serve the East Hebei Autonomous Council, the puppet administration carved out of northeastern Hebei province after Japan pressured the Nationalist government into demilitarizing the region. The bank's notes functioned as an occupation currency before the broader invasion of July 1937 made such administrative fictions redundant.

By the time this 10 Yuan was issued, the East Hebei regime had already been absorbed into the Provisional Government of the Republic of China. The Chi Tung Bank itself was wound down and replaced by the Federal Reserve Bank of China in 1938, which kept some of the earlier note designs briefly in parallel circulation.