20 Cents

Banque de l'Indo-Chine issued fractional paper currency during this period largely because the region's silver coinage — particularly the Piastre — was being hoarded or exported as bullion, leaving everyday small transactions without a practical medium of exchange. The 20 Cents note was an emergency response to that gap, not a planned denomination.

Imprimerie Chaix was primarily a commercial and poster printer; its association with Gustave Fraipont, a prolific Belle Époque illustrator, reflects the firm's artistic rather than strictly security-printing background. That provenance makes the series somewhat unusual among colonial currency of the period.