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Banking

Singapore to discontinue S$1,000 note from Jan 1, 2021

SINGAPORE: The Monetary Authority of Singapore (MAS) has announced its plan to discontinue the issuance of the S$1,000 note from Jan 1, 2021.

The central bank said that from now until December 2020, a limited quantity of the S$1,000 notes will be made available each month.

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Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Singapore , MAS , discontinuation , $1 , 000 , note

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