No printer needed. 2 Min Read SINGAPORE, July 2 (Reuters) - Singapore is to stop issuing S$10,000 ($8,000) notes, one of the world’s most valuable banknotes, as it tries to tighten its anti-money laundering controls. Not long! On the $10 SGD paper bill a caption reads ‘Singapore – Singapura’. Leftover Currency, For previous varieties of the $10 polymer banknotes, the first observed prefixes were 2BA and 3BA respectively. The red-colored polymer banknote features president Enci Yusof bin Ishak on the front side. Most denominations showed the same pattern in the sequence of symbols.
Singapore is tightening its scrutiny of cash-intensive sectors such as casinos and money remittance agents to try and ensure they are not used to launder the proceeds of crime.
Despite the lack of information, a different symbol was used for each batch of notes. We send your money within 5 days of receiving your currencies, boat, coat of arms, houses, map, public houses, sailing ship, ship, Discover which currencies you can exchange. SINGAPORE 10 DOLLAR NOTE (SPORTS EDITION) Condition:--not specified. In 2010, Britain’s Serious Organised Crime Agency estimated that 90 percent of 500 euro ($680) banknotes sold from exchange bureaus in the country were in the hands of organised criminals. We comply with... Our website uses non invasive cookies to improve your experience.
This variety still carries the signature of then Chairman of the Monetary Authority of Singapore, Goh Chok Tong. SINGAPORE, July 2 (Reuters) - Singapore is to stop issuing S$10,000 ($8,000) notes, one of the world’s most valuable banknotes, as it tries to tighten its anti-money laundering controls. Symbols printed on the reverse of the notes, New Prefixes for Singapore Bicentennial $20 Note. This banknote of $10 Singapore dollars was issued to commemorate this anniversary. The earliest batches of such notes contained no symbol. For previous varieties of the $10 polymer banknotes, the first observed prefixes were 2BA and 3BA respectively. The colour for denominations up to $50 have been retained, a tradition kept since the era of the Malaya and British Borneo dollar. However, existing $10,000 notes that are in circulation remain legal tender in Singapore. The red-orange colored note of ten dollars measures 141mm by 69mm. Symbols printed on the reverse of the notes were introduced back in 2008 as a new security feature used for authentication purposes by MAS. Portrait Series $2.
Here's how to exchange it for cash: Repeat these steps for any other notes and coins you want to exchange. The Monetary Authority of Singapore (MAS) said on Wednesday that given the “risks associated with large value cash transactions and high-value notes”, it will stop producing the S$10,000, though those already in circulation will remain legal tender indefinitely. The first prefix for this variety is likely to be 4BA. Add items to your online wallet to discover how much you will receive.
The backside of the note features an apartment building, part of a public housing complex in Singapore.
Unit 1 Portland Business Centre, Can I trust you to pay me for the leftover currency and coins I send? The ship on the front of the 10 SGD note is the trader vessel Palari. On the $10 SGD paper bill a caption reads ‘Singapore – Singapura’. $1 = 0.7345 Euros Reporting by Rachel Armstrong; Editing by Christopher Cushing. Post date22 January 2012 A new variety of Singapore’s 10-dollar note was released in January 2012, carrying the symbol of one diamond on the reverse (above the word Sports).
This is due to the fact that 2AA and 3AA were one of the prefixes used in the 2004 version.
Our Standards: The Thomson Reuters Trust Principles. High value notes are popular with organised criminals as they are a lighter, more efficient way of carrying large amounts of cash. Absolutely. The ship on the front of the 10 SGD note is the trader vessel Palari. Include your exchange form or reference number. Based on the observations from the serial number, the symbols may either represent the print run number or the year of printing.