On March 9, 1896, 'Act on the Currency of and the Expiration Date for Exchange of Paper Money Issued by the National Bank' (Act No.8 of 1896) was promulgated, and on June 11, 1898, 'Act on the Abolition of the Currency of Government-Issued Paper Money' (Act No.6 of 1898) was promulgated; consequently, both the government-issued paper money and the paper money issued by the national bank were withdrawn from circulation as of the end of 1899.
1896年3月9日には「国立銀行紙幣ノ通用及引換期限ニ関スル法律」（明治29年法律第8号）が、1898年6月11日には「政府発行紙幣通用廃止ニ関スル法律」（明治31年法律第6号）が公布され、1899年末をもって政府発行紙幣・国立銀行発行紙幣ともにその通用が停止された。