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This 1 Franc banknote, issued by the Bayonne Chamber of Commerce, dates from August 26, 1921. It is part of Series 166.
On the front, the words "CHAMBRE DE COMMERCE DE BAYONNE" are printed at the top. Below, there is a mention of the deliberation of August 26, 1921, followed by the face value "UN FRANC". The signatures of the Treasurer and the President also appear, authenticating the banknote. The series, identified by the number 166, is followed by a specific serial number. The statement "Echangeable contre des billets de la Banque de France" indicates the convertibility of the banknote into national currency.
The back of the banknote bears the words "DEPARTEMENT DES BASSES-PYRENEES". An important clause specifies that this banknote had to be presented for reimbursement before August 24, 1924, indicating a deadline for its exchange.
The writing used on both sides of the banknote is in Latin.
This banknote testifies to a time when local Chambers of Commerce could issue their own currency in response to specific economic needs. The repayment deadline underlines the temporary nature of this form of currency.