S'poreans to get card to redeem SG50 notes folders by Nov 9

S'poreans to get card to redeem SG50 notes folders by Nov 9
A SG50 commemorative $50 note is displayed.

SINGAPORE - All Singaporean households will receive a collection card via mail by Nov 9, which can then be used to redeem two complimentary SG50 notes folders, the Monetary Authority of Singapore (MAS) said.

In a statement on Friday, Oct 30, MAS said the card can be presented at any participating Community Centre or Community Club (CCs) between 2pm and 9.30pm from Nov 11-30, including weekends.

Families who have received the current folders, which had a typographical error of the name of Singapore's first president, Mr Yusof Ishak, can also do so during this period.

Those folders, which was launched in Aug, spelled Mr Yusof Ishak's name on the cover fold and enclosed booklet as "Yusok Ishak".

Banks will begin to issue the new notes folders to Singaporeans, in exchange for the SG50 commemorative notes, from Nov 16. Only Singaporeans can obtain the folders, with a maximum of two folders per transaction allowed.

Banks will also stop issuing the current notes folders on Nov 2 to facilitate the logistical preparations for the issuance of the new folders.

However, members of the public can continue to exchange for the SG50 commemorative notes from Nov 2 to 16.

MAS said the SG50 commemorative notes and folders will be available at banks while stocks last.

"We would like to appeal to the public to refrain from queuing repeatedly to obtain more than the stipulated two folders, in fairness to others," the authority added.

The SG50 commemorative notes, which feature designs depicting significant milestones in Singapore's history, was launched by Prime Minister Lee Hsien Loong on Aug 18.


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