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It is reported that the new RM50 notes would be “washed away” and print disappeared after laundry.

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Why Is This So?

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Are these notes of sub-standard quality?

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Bank Negara Malaysia(BNM) in the press statement allow those who have discoloured banknotes can exchange them at Bank Negara or its branches.

BNM also reassured only durable paper for the new RM50 notes were used to protect them from being soiled and to ensure that they lasted longer.

If only durable paper for the new RM50 notes, Why  discoloured banknotes can happen in the first place?

It was reported Norhayana Saini, from Putrajaya, said she found a new RM50 “bleached” after it was accidentally washed with her laundry but the RM5 note left in the wash was not damaged at all.

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Remember, Do Not Leave your banknotes when you do laundry.

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*** Bank Negara Malaysia(BNM) is the Malaysian Central Bank

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All cleaned out after leaving wallet in the wash

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PETALING JAYA: A mechanical engineer had RM200 literally “washed away” when the print on his new RM50 notes disappeared after he accidentally left his wallet in the laundry.

Yeoh Jit Shiong, 25, was shocked to find that the damaged notes were almost unrecognisable on Saturday evening.

What remained were the security threads and watermarks.

Faded notes: The four new RM50 notes that were decolourised after they were left in the washing machine by mistake.

“The printing was completely washed off, including the serial number.

“What’s surprising is that an old RM50 note that got washed along with the new notes wasn’t damaged at all,” said Yeoh.

“If an old RM50 note can withstand being in a washing machine, why not the new RM50 note, which is supposed to be an improved, upgraded version?” he asked.

Yeoh had withdrawn RM300 in RM50 notes from an ATM in USJ earlier in the day.

He said the notes from the ATM were new and genuine.

“I used RM50 to pay the cashier at a petrol station, who validated it with a bank-note detector.

“With the serial numbers washed off, how am I going to take the notes back to the bank for an exchange?”

fr:thestar.com.my/news/story.asp?file=/2010/2/8/nation/5634765&sec=nation

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Public can exchange discoloured RM50 notes at Bank Negara and its branches

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PETALING JAYA: Those who have discoloured banknotes can exchange them at Bank Negara or its branches.

The central bank, in a statement yesterday, reassured the people that only durable paper for the new RM50 notes were used to protect them from being soiled and to ensure that they lasted longer.

“The incidents of ink wear due to washing with strong detergent are a rare occurrence,” it said.

“Even under such conditions, distinguishing security features such as the watermark, security thread and security fibres in the paper remain intact to determine the authenticity of the banknote,” it added.

Meanwhile, more people have complained about the new RM50 notes “losing colour”.

Norhayana Saini, from Putrajaya, said she found a new RM50 “bleached” after it was accidentally washed with her laundry.

“The funny thing is that, the RM5 note left in the wash was not damaged at all,” she said.

Joanna Lee, 31, said she had retrieved a “washed-out” RM50 note from a bank’s ATM recently.

“It was already discoloured. I didn’t have time to run to the bank to clarify this issue, thinking that it was a one-off matter, until I read the report in The Star,” said Lee.

She added that when she tried to deposit the note into the bank’s ATM, it was rejected.

Lee said a foodstall owner later accepted the note from her.

On Monday, mechanical engineer Yeoh Jit Shiong, 25, reported that the print had disappeared from a few of the new RM50 notes he had mistakenly left in his washing machine along with his laundry.

However, if a new RM50 note has been “washed off,” it may not be a total loss for the owner.

IT executive Cadry Soo, 30, who also had her RM50 note discoloured last October, said a trip to Bank Negara headquarters in Kuala Lumpur sorted matters out.

“I went to Block D to exchange my damaged notes. The officer in charge swapped the notes for me with no questions asked.”

fr:/thestar.com.my/news/story.asp?file=/2010/2/12/nation/5639439&sec=nation

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New RM50 note from Jan 30

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KUALA LUMPUR: The RM50 note gets a makeover with enhanced anti-forgery security features and a design theme reflecting how far Malaysia has moved up the economic value chain after 50 years of independence.

The illustrations on the note include oil palm trees and microbiology technology, representing Malaysia’s economic transformation to the higher value-added activities in the agricultural, manufacturing, services and other sectors.

The front retains the portrait of the first king, Tuanku Abdul Rahman Tuanku Muhammad, on the right. The national hibiscus flower is in the centre.

Songket patterns frame the background and edges of the note to reflect traditional Malaysian textile handicraft and embroidery.

Bank Negara employee Lim Hsin Ying showing the new RM50 note. The issuance of the new RM50 notes also commemorates Malaysia 50th independence anniversary.

On the back, first Prime Minister Tunku Abdul Rahman is featured raising his hand in proud declaration of Merdeka! There is the logo of the 50th Independence anniversary as well.

Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz presented the new RM50 to Prime Minister Datuk Seri Abdullah Ahmad Badawi yesterday. The note bore the serial number AA 0000009.

“This is yet another symbol of the economic success, national stability and prosperity of the nation. God willing, we will continue the success into the next 50 years,” said Abdullah at the TUDM air base before flying off to Kelantan.

The new notes will be available from Jan 30 next year.

Bank Negara has prepared commemorative special packaging for 20,000 of the notes.

Each will cost RM60 and will be available from Dec 26 at the headquarters and branches in Penang, Johor Baru, Kuala Terengganu, Kota Kinabalu and Kuching.

Dr Zeti said the current RM50 notes would continue to be legal tender even with the introduction of the new notes, adding that they would be phased out in a few years.

fr:thestar.com.my/news/story.asp?file=/2007/12/22/nation/19841848&sec=nation

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Anti-photocopy among new features of RM50 note

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KUALA LUMPUR: Certain features and background illustrations on the new RM50 note cannot be photocopied.

“This anti-photocopy feature is used in a few foreign currencies. With photocopy technology getting advanced, we needed to take cautionary measures,” said Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz yesterday.

New and old: The reverse side of the new note (left) and the front of the old note.

Other security features are:

The watermark portrait can be recognised by tints that are lighter or darker than the surrounding paper. This watermark portrait has a three-dimensional effect, without sharp outlines. At the base of the watermark, the numeral 50 is visible;

The security thread is embedded in the paper and appears on the reserve side of the note as a silver dotted line. When the note is held against the light, it is seen as a continuous dark line and the text BNM RM50 can be read. When viewed under ultraviolet light, the thread is seen in various changing colours known as “rainbow effect”;

Micro letterings of “BNM RM50” can be viewed under a magnifying glass;

Invisible fluorescent elements can be seen through various elements on the background on both sides of the note. It will fluoresce in different colours when viewed under ultraviolet light;

Perfect see-through register feature – the graphic songket design will register perfectly with the same design on the reverse side when held against the light;

The multicoloured latent image of the denomination 50 can be seen when the banknote is tilted slightly and the colour changes when it is rotated; and

The holographic stripe features the denomination 50 and the hibiscus flower, with a multi-coloured pumping and matt-structure effect.Bank Negara advised the public to take note of the security features and design of the new RM50 notes. For more information, go to bnm.gov.my.

fr:thestar.com.my/news/story.asp?file=/2007/12/22/nation/19835748&sec=nation