Face:

woman selling cakes; denomination;

Text:

BANQUE DE L'INDOCHINE = Bank of Indochina;
L'ART. 139 DU CODE PÉNAL PUNIT DES TRAVAUX FORCÉS CEUX QUI AURONT CONTREFAIT OU FALSIFIÉ LES BILLETS DE BANQUES AUTORISÉES PAR LA LOI
= Art. 139 of Penal Code punishes with the forced labour those who counterfeits or falsifies the bills of the banks authorized by the Law;
CINQUANTE PIASTRES = Fifty piastres;
L'INSPECTEUR GÉNÉRAL = Inspector General
[signature: Paul Gannay];
LE DIRECTEUR DE LA SUCCURSALE DE SAIGON = Director of Saigon Branch
[signature: Edmond Bruno];

Back:

frieze from Angkor Wat; denomination;

Text:

GIẤY NĂM CHỤC ĐỒNG VÀNG = Banknote fifty piastres gold;
東方滙理銀行 = Bank of Indochina;
伍拾元 = ໕໐ ຫຼຽນ = ៥០ រៀល = 50 piastres;

No watermark