In 1944, the Southern Development Bank was authorised by the Japanese government to issue series 3 of the Japanese currency for Malaya. The excessive printing of the previous series had led to inflation, rendering the lower denominations worthless. Hence, the notes issued in series 3, as shown here, were no lower than 10 dollars and included 100 and 1000 dollar notes. The front of the notes in this series bore the phrase "Promises To Pay The Bearer On Demand". The notes did not have any serial numbers on them
