5 banks provide new banknote exchange services.
The Chinese like to go to the bank every year before the Lunar New Year to exchange new banknotes for angpao. Wrapping red envelopes with new banknotes is not only a good idea, but it also makes the juniors who receive the new banknotes happy.
Bank Negara has reduced the supply of new banknotes in recent years by encouraging resource conservation and spending. Currently, the majority of banknotes provided by banks are refurbished banknotes. If the banknote numbers are consecutive, it is most likely a new note; if they are not, it is most likely a refurbished note.
CIMB, Maybank, and AmBank have announced a list of branches and ATMs that will accept the new banknotes.
1. CIMB
The new banknotes are available at 43 CIMB branch ATMs, and the public can withdraw them at these branches’ ATMs. Most branches have new RM10 banknotes, but only two have new RM50 banknotes. The new banknotes will be available for purchase from January 9 to January 23, 2023.
2. Maybank
A total of 78 Maybank branch ATMs offer new banknotes, with some offering new RM50 notes and others only offering new RM50 notes. The new banknotes will be available for exchange
3. AmBank
AmBank ATMs provide new banknotes in a total of 27 locations. People can use these ATMs to obtain new banknotes. The maximum amount of banknotes that can be withdrawn is RM10. The new banknotes will be available for withdrawal on January 11, 2023.
4. Hong Leong Bank
Hong Leong Bank also offers a counter exchange service for new banknotes beginning January 9th. Although Hong Leong Bank has not published a detailed branch list, you can inquire at a nearby Hong Leong Bank counter.
5. Public Bank
The new banknote exchange service will be available beginning January 10, and the public can learn more by visiting their nearest branch.
from January 10 to 24, 2023.
