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5 Chiao Bank of Eastern Chekiang

Issuer Bank of Eastern Chekiang (浙東銀行)
Year 1945
Type Standard circulation banknote
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Obverse description Central vignette rendered in green letterpress illustrates a rural agricultural scene: two peasants operating a foot-powered water conveyor at right, with additional figures working in the fields amid vegetation and farm structures across the background. The denomination 伍角 (Five Chiao) appears in two interlocking circular guilloche panels at left center. A rectangular red handstamp is applied to the lower left quadrant, and heart-shaped corner ornaments frame the note at all four corners.
Obverse lettering 浙東銀行蘇姐支行
伍角
臨時兌換券
中華民國三十四年
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Comments

The Bank of Eastern Chekiang operated as a regional institution in Zhejiang province during one of the most chaotic monetary periods in modern Chinese history — the final years of the Second Sino-Japanese War, when dozens of provincial and guerrilla-zone banks issued their own paper to fill the vacuum left by disrupted Nationalist supply lines. Notes from 1945 were issued in circumstances where printing quality and material supply were both severely constrained, and many provincial issues from this period show irregular ink distribution and paper inconsistencies that are features of wartime production, not damage.

The S-prefix Pick designation places this firmly in the specialized Chinese provincial/local issues catalog. Given how few of these institutions survived into the postwar period with coherent redemption programs, most circulating notes were simply abandoned in the field.

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