Face:

six farmers on irrigation work; denomination;

Text:

BANQUE DE L'INDOCHINE = Bank of Indochina;
L'ARTICLE 139 DU CODE PÉNAL PUNIT DES TRAVAUX FORCÉS CEUX QUI AURONT CONTREFAIT OU FALSIFIÉ LES BILLETS DE BANQUES AUTORISÉES PAR LA LOI
= Article 139 of Penal Code punishes with the forced labour those who counterfeits or falsifies the bills of the banks authorized by the Law;
CINQ CENTS PIASTRES = Five hundred piastres;
L'INSPECTEUR GÉNÉRAL = Inspector General
[signature: Paul Gannay];
LE DIRECTEUR DE LA SUCCURSALE DE SAIGON = Director of Saigon Branch
[signature: Edmond Bruno];
LE CAISSIER DE LA SUCCURSALE = Cashier of the Branch
[hand-signed];
PHẠM-NGỌC-KHUÊ [artist: Phạm Ngọc Khuê]; I.D.E.O. HANOI [printer];

Back:

dragon; denomination;

Text:

東方滙理銀行 = Bank of Indochina;
伍佰元 = ៥០០ រៀល = ໕໐໐ ຫຼຽນ = 500 piastres;
GIẤY NĂM TRĂM ĐỒNG VÀNG = Banknote five hundred piastres gold;
PHẠM-NGỌC-KHUÊ [artist: Phạm Ngọc Khuê]; I.D.E.O. HANOI [printer];

Watermark:

lines (on P-69) or NONE (on P-68)