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Singapore will stop printing banknotes of how many Singapore dollars from Jan 2021?

Singapore will stop printing banknotes of how many Singapore dollars from Jan 2021? Correct Answer 1,000

The correct answer is S$1,000.

  • Singapore will stop printing S$1,000 banknotes from January 2021.
  • This will curb the risk of them being used for money laundering and to finance terrorism.
  • Existing notes will remain legal tender and banks can continue to re-circulate them.
  • Countries around the world have been looking to phase out high denomination notes for years over concerns they are used for criminal activity. 

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