More SG50 notes and folders available, collection period for folders extended
Due to strong public demand.
Quotas on SG50 notes that may be exchanged and SG50 notes folders that may be collected would be lifted, the Monetary Authority of Singapore (MAS) announced today.
Meanwhile, the collection period for the complimentary notes folders would also be extended to the end of the year.
MAS will lift the quota on the quantity of SG50 notes that can be exchanged per transaction at participating banks, with effect from 3 December 2015. Singaporeans who exchange for SG50 notes may also request for additional folders to keep their notes.
This is in response to feedback that Singaporeans are keen to exchange more SG50 notes to be given away as gifts during the upcoming festive season.
The collection period for the two complimentary SG50 notes folders that each Singaporean household is eligible for will be extended to end December 2015. The extended period will also apply to the exchange of the original folders.