20 Dollars / 20 Piastres

Beschrijving voorzijde	Tall elephant-column vignettes frame the left and right margins, while the bottom centre presents an allegorical composition of reclining female figures accompanied by an ox and a tiger. The bilingual title inscription appears in both English and French, with the issuer name across the top and denomination stated in both Dollars and Piastres. The engraved design is executed in fine intaglio line work after artwork by Bramtot and Duval.
Opschrift voorzijde	BANQUE DE L'INDO-CHINE HAIPHONG TWENTY DOLLARS VINGT PIASTRES TO BE PAID ON DEMAND TO BEARER PAYABLES EN ESPÈCES AU PORTEUR A. BRAMTOT ET G. DUVAL-FEC. CH.WULLSCHLEGER SC.
Beschrijving keerzijde	The reverse is printed with a dense guilloche underprint in red, overlaid with Chinese character inscriptions arranged in vertical columns across the field. A large central circular punch-hole cancellation is present, and three bold black overprinted "ANNULÉ" (cancelled) legends run vertically at intervals across the face. A faint violet ink stamp appears in the lower right area, consistent with administrative cancellation markings applied by the bank.
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