At the height of 2nd World War Thailand faced a critical shortage of banknotes. Since TDLR would not deliver notes as Thailand then was occupied by Japanese forces, the Thai government had to request Japanese government to help print banknotes.
The first Japanese printed banknotes were issued in 1942. A total of 6 denominations (50 Satang, 1, 10, 20, 100 and 1000Baht) were issued during various phases between 1942 and 1945.
P43: 50 Satang obv
P44a: 1 Baht Type 1 obv; 3 serial nrs, lower left in Thai
P44b: 1 Baht Type 2 obv; 3 serial nrs, all in European numerals
P44c: 1 Baht Type 3 obv and rev; 2 serial nrs, lower left deleted
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