According to a press release dated 3 November 2020, the Monetary Authority of Singapore plans to discontinue the issuance of 1,000-dollar notes from 1 January 2021 as a pre-emptive measure to mitigate the higher money laundering and terrorism financing risks associated with large denomination notes. Existing notes in circulation will remain legal tender and can continue to be used as a means of payment.
Courtesy of Aidan Work.
the cost produce annual is 8 Singapore cents to produce’
due to lack production this enough denomination back to default high denomination is 100, 50′ it is use for mutilated’ (as well 500 euro note to use mutilated) become worthless this.
Production printing cost this denomination is 8 Singapore cents to each this one.
when the denomination 10k, 1k, 500 brunei dollars polymer 2006 note is discontinue and pause print this denomination due to lack production this enough denomination back to default high denomination is 100, 50′ it is use for mutilated’ (as well 500 euro note to use mutilated) become worthless/free collect to philippines this.
even no change this denomination, money laundering, terrorism-financing’, and mutilated’
and this.