Face:

woman wearing wreath with orb and branch; denomination;

Text:

BANQUE DE L'INDOCHINE = Bank of Indochina;
VINGT PIASTRES = Twenty piastres;
PAYABLES EN ESPÈCES AU PORTEUR = Payable to bearer in cash;
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;
Un Administrateur = Administrator
[signature: Stanislas Simon];
Le Directeur = Director
[signature: René Thion de la Chaume];
SÉB. LAURENT DEL [designer: Sébastien Laurent]; RITA SC [engraver: Rita];

Back:

Bayon Face Tower in Angkor; denomination;

Text:

BANQUE DE L'INDOCHINE = 東方滙理銀行 = Bank of Indochina;
HAI CHỤC BẠC = 貳拾元 = ២០ រៀល = 20 piastres;
SÉB. LAURENT DEL. [designer: Sébastien Laurent]; RITA SC. [engraver: Rita];

Watermark:

Vietnamese male head