• Bank of China - Foreign Exchange Certificates (中国銀行) Currency & Banknote Values

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The Bank of China - Foreign Exchange Certificates (中国銀行) series of China National Banks in the World Currency contains 16 distinct entries. As the economy of the People’s Republic of China began to open in the late 1970s, the government authorized the Bank of China to

The Bank of China - Foreign Exchange Certificates (中国銀行) series of China National Banks in the World Currency contains 16 distinct entries.

As the economy of the People’s Republic of China began to open in the late 1970s, the government authorized the Bank of China to issue foreign exchange certificates from 1 April 1980, in order to strengthen foreign exchange controls and administration. All non-Chinese citizens with short-term visas were required to pay for certain specified goods by means of these certificates. They were phased out in 1994.

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1929 $20 Type 2 (Fr. 1802-2)

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