Banknotes of the Ta-Ching Government Bank

rdf:langString Banknotes of the Ta-Ching Government Bank

rdf:langString The banknotes of the Ta-Ching Government Bank (Traditional Chinese: 大清銀行兌換券), known as the banknotes of the Ta-Ching Bank of the Ministry of Revenue (Traditional Chinese: 大清戶部銀行兌換券) from 1905 to 1908, were intended to become the main form of paper money in the Qing currency system. These banknotes were issued by the Ta-Ching Government Bank, a national bank established to serve as the central bank of the Qing dynasty. The Ta-Ching Government Bank had branches throughout China and many of its branches outside of its headquarters in Beijing also issued banknotes. These banknotes were stipulated to become the only legal tender paper money in China in 1910, but due to the fall of the Qing dynasty in 1911 the Chinese currency system reverted to its original chaotic state during the early Republican era and the Ta-Ching Government Bank would be renamed to the Bank of China in 1912, which would continue to produce banknotes in Mainland China until 1942 and its Hong Kong branch is still one of the official note-issuing banks for the banknotes of the Hong Kong dollar today.