You saw it first here …

The Monetary Authority of Singapore has announced that it will stop printing 1,000 dollars banknotes (SGD1,000.1) effective 1 January 2021.

The notes continue to be legal tender, and banks may re-circulate them.

The measure has been taken to prevent the use of large denomination banknotes for illegal purposes.

Source: mas.gov.sg

Courtesy: Cleophas Schockem.

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