Fake RM100 Notes

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hi,

Today a local businessman was telling me about a spate of fake RM100 notes. He only found out that he'd been had when the bank returned a couple of notes, cut in half.

Looking at the fakes they're easy to spot when there's time to compare them to a genuine note.

The colour is faded as in a photocopy, the central thread isn't continuous but appears as a brown dotted line, and the hidden 100 image isn't there when it's held up to the light.

However, if you're in a hurry or busy with something else it, it's easy to miss out on the clues. 

regards, Scott

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I remembered the last 2 years (2005)I went back to malaysia..there weren't any RM100 notes ,cause a lot of fake ones.I went to a money changer I got all in RM50.
I think the best way is to use credit card.but still have to be very aware.

Shirley.

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I use RM100 notes quite a lot, but I obtain them from the HSBC ATM, and obviously have not had a problem with them. I rarely need to accept RM100 note as no one ever has to pay me for anything!!!! sadly

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I would however be suspicious if I received one of the following in my change...see today's star here.

And just in case the link doesn't function in weeks /years to come here is the actual article:-

Chance to get full value of RM500, RM1,000 notes

Full value for demonetised currency notes

PETALING JAYA: Members of the public who still have genuine RM500 and RM1,000 notes may be able to get the full value of the respective demonetised currency notes at Bank Negara Malaysia. 

A statement issued Tuesday said the public could exchange the RM500 and RM1,000 notes for their equivalent in RM100 or RM50 notes at Bank Negara or its branches in Johor Baru, Pulau Pinang, Kuala Terengganu, Kota Kinabalu and Kuching. 

Bank Negara had announced on Sept 12 1998 the demonetisation of the RM500 and RM1,000 notes and the notes ceased to be legal tender effective July 1, 1999.

The statement said the volume of both the RM500 and RM1,000 notes in circulation before the move stood at 1,989,479 and 4,523,731 pieces respectively.

These amounted to a combined face value of about RM5.52bil.

"To date, there are less than 200,000 pieces of the RM500 notes and RM1,000 remaining in circulation, with a combined face value of about RM100mil," the statement added.