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20 Francs Red text

Issuer Banque de l'Indo-Chine
Year 1928-1938
Type Standard circulation banknote
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Obverse description Blue intaglio print over yellow underprint with red text; black serial numbers at upper left and lower right. Central vignette to the right presents a female head in three-quarter left-facing view, crowned with a wreath of oak leaves and wheat ears, rendered in a refined engraved style. An oval watermark reserve occupies the left portion of the note, flanked by guilloche patterning.
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Reverse description Blue intaglio print over yellow underprint. To the left, a peacock (Phasianidae sp.) perches on a branch facing right, rendered in detailed engraved style; butterflies (Papilionoidea sp.) appear at upper right. Trilingual text in French, Arabic, and Amharic runs across the note, with a penal code warning against counterfeiting at the base.
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Protection type Watermark
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