10 Yuan Bank of Shansi, Chahar, & Hopei

The Bank of Shansi, Chahar & Hopei — known in Chinese as Jin-Cha-Ji Bank — was the primary financial institution of the Jin-Cha-Ji Border Region, one of the communist-administered base areas established behind Japanese lines during the Second Sino-Japanese War. It continued issuing currency into the postwar civil war period, and this 1946 note belongs to that transitional phase, when the border region governments were still operating semi-autonomously before full PRC consolidation in 1949.

Border region notes of this type were frequently refused outside their designated circulation zones, making cross-region trade genuinely difficult. The Kuomintang government never recognized them as legal tender.