中文摘要：

1921年7月。北京政府特批侨商中南银行享有钞票发行权。为保证中南银行钞票的质量及信誉，中南银行慎重选择钞票印刷厂。在14年的发行史中，中南银行相继选择美国钞票公司、英国华德路公司以及德纳罗印钞公司，共印制了6版13种钞票，同时对钞票采取了防伪措施。中南银行在钞票发行过程中，不断创新发行制度，通过十足准备金制度、四行联合发行制度、领券制度与暗记制度等制度设计，确保钞票信誉优良，实现了中南银行钞票的辉煌业绩。

英文摘要：

In July 1921, the China ＆ South Sea Bank successfully got the right to issue currency in the period of Beiy- ang government. The China ＆ South Sea Bank carefully selected a few printing companies. The American Bank Note Co, Waterlow and Sons Limited and De La Rue printing company successively published 6 editions and 13 types of banknotes for the China ＆ South Sea Bank in 14 years. In order to consolidate the credibility of currency, the China ＆ South Sea Bank carried out many system arrangements and innovations such as full reserve system, joint distribution system by the four banks, banknote receiving system. The execution of the systems ensured the smooth issuance of its bank notes.