h.the supermarket now has to introduce a token for their trolleysOn 9/8/05, norjannahmohamednoh
wrote:
RM1 Coin to be withdrawn from circulationBank
Negara Malaysia announces today that effective 7 December 2005, the RM1
coin will cease to be legal tender and will be withdrawn from
circulation.The RM1 banknote will continue to be legal tender and will remain in circulation.Members
of the public will be given a three-month period from 7 September to 6
December 2005 to exchange the RM1 coins at face value without any
charges at all branches of commercial banks, the main branches of Bank
Simpanan Nasional and Bank Negara Malaysia's branches at Kuala Lumpur,
Pulau Pinang, Johor Bahru, Kuala Terengganu, Kuching and Kota Kinabalu.Further details on the withdrawal of the RM1 coin can be obtained from Bank Negara Malaysia's website (
http://www.bnm.gov.my) or by contacting the Currency Management and Operations Department of Bank Negara Malaysia at 03-2698 8044 ext 7442 / 7417.1.
Will the RM1 coin still be accepted as legal tender from 7 September to
6 December 2005? Yes. Financial institutions and shops will continue to
accept the current coins for transactions during this period.2.
What should I do if retailers and financial institutions refuse to
accept RM1 coin during the stipulated period? You can lodge a complaint
with Bank Negara Malaysia through www.bankinginfo.com.my or contact the Currency Management and Operation Department at 03-26907442/ 26907417.
3. Where can I exchange my RM1
coins?You can exchange your RM1 coins, at no charge, from 7 September to 6 December 2005, at : ABN AMRO Bank Berhad Affin Bank Berhad Alliance Bank (M) Berhad AmBank Berhad
Bank Islam Malaysia Berhad Bank Muamalat Malaysia Berhad Bank of America Berhad Bank of
China (M) Berhad Bank of Tokyo Mitsubishi (M) Berhad Bumiputra Commerce Bank Berhad Citibank Berhad Deutsche Bank (M) Berhad EON Bank Berhad Hong Leong Bank Berhad
HSBC Bank (M) Berhad J.P. Morgan Chase Bank Berhad Malayan Banking Berhad OCBC Bank (M)
Berhad Public Bank Berhad RHB Bank Berhad Southern Bank Berhad Standard Chartered Bank (M) Berhad The Bank Of Nova Scotia Berhad United Overseas Bank (M) Berhad
- Bank Simpanan Nasional State Main Branches,- Bank Negara Malaysia Kuala Lumpur, Pulau Pinang, Kuala Terengganu, Johor Bahru, Kuching and Kota Kinabalu
4. Is there a maximum quantity of RM1 coins that can be exchanged? No, there is no limit.Source:
http://www.bnm.gov.my/index.php?ch=8&pg=14&ac=1083
Blessing
2005
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