The Year of the Rabbit 2023 is approaching! Chinese people like to use all new items in the Lunar New Year, such as new clothes, new shoes, new furniture, and of course new banknotes. For this reason, all major banks in China will launch a service to exchange new banknotes before the Lunar New Year.
In recent years, all domestic banks will provide new banknotes directly at automated teller machines (ATMs), so people can simply go to a specific ATM and withdraw new banknotes directly. This avoids the crowded counters and is also faster and more convenient.
Each bank will have different restrictions and conditions for withdrawing new banknotes. Some banks will only offer RM50 new banknotes, while others will offer RM10 and RM50 new banknotes. Some banks will limit the withdrawal to a maximum of 30 new notes at a time.
Generally speaking, Maybank, CIMB, Hong Leong Bank, AmBank and other banks are expected to provide the new banknotes this week.
In addition, banks have also launched the 2023 red envelopes one after another. If you are interested in collecting red envelopes, you can ask for free red envelopes when you go to your nearest bank for transactions.
