The Monetary Authority of Singapore ( MAS ) stopped issuing S$ 10,000 notes on Oct 1, 2014, but existing S$ 10,000 notes in circulation are still legal tender.
The consequence for passing off false money notes as true is a jail term of up to 20 times and a good.
” The authorities take a critical view of any man found illegally involved in fraudulent currency,” they said.
The police even reminded the public to be careful of people offering money in exchange for assistance to convert false S$ 10,000 or another large denomination currency notes with genuine currency of smaller churches, or for depositing such information at banks or other financial institutions.
Knowledge on the safety features of real Singapore money can be found on the MAS site.