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Guy shows off his money on forum

Rogue Trader

Alfrescian (Inf)
Asset
WTF 50k also want to how lian?

I expect this kind of vulgar show off behaviour from low class PRCs... looks like sinkies heading down the drain as well.
 

Loeloe8

Alfrescian
Loyal
For 10k the bank will record the serial number on the bank note and 10k bank not is kind of dificult to exchange in other country
 

GoldenDragon

Alfrescian (Inf)
Asset
That's right i believe not many are in circulation.

No one in the underground biz keeps these notes. Very troublesome. Bookies and 4D bosses will have lots of 1k in their safe at home. My friend keeps at least 500k at home for Mondays. His 3 other partners too. No bank withdrawals for obvious reasons.
 

Jah_rastafar_I

Alfrescian (Inf)
Asset
It is said the 10k SGD is the highest value banknote in the world

http://banknoteasia.blogspot.sg/2009/01/singapore-10000-highest-value-banknote.html

The next is the swiss 1k.

The USD stopped circulation and printing of currency in larger denominations at the time of nixon.

Ppl have also mentioned how easy it is to sneak in huge amounts of money in and out sg in currency and it is obviously easier to launder money with large denomiations.

for the recording of serial numbers. I read of that before but i read again it isn't true. There isn't any confirmation on it. Do you have some link to show they record down serial for 10k?
 

Fugitive

Alfrescian
Loyal
Last time I asked for those $10k notes the bank didn't have any. So I wonder if the note is still in circulation or maybe some old fart is hoarding them :biggrin:

Yes it is still in circulation

Speaking of the SGD 10k how easy is it to obtain the note? I think maybe gamblers in the casino bring those along.

It is not difficult to obtain but if you know someone in the bank ask first before going. If you have no one in the bank then just go and ask for it if they do not have then ask them to ask which of their branch has.

Can confirm in the past it easier to get over the counter but after the casino opened noticed it's more difficult and even if have over the counter likely only one or tow pieces. Bur cannot confirm if its because of the casino or not.

Note that the bank will take down your NRIC number into a book and the serial number of the $10k note. Ask them why they will tell you it is for security purpose and it will be submitted to MAS too.

For 10k the bank will record the serial number on the bank note and 10k bank not is kind of dificult to exchange in other country

Yes Loeloe8 is correct to say $10k note is more difficult to change overseas but $1k note is highly welcome.
 

Jah_rastafar_I

Alfrescian (Inf)
Asset
No one in the underground biz keeps these notes. Very troublesome. Bookies and 4D bosses will have lots of 1k in their safe at home. My friend keeps at least 500k at home for Mondays. His 3 other partners too. No bank withdrawals for obvious reasons.

Let's say you need to bring a large sum maybe 1 million sgd out of singapore without the authorities noticing so can they change all their 1k notes into 10k up to 1million sgd so that it is easier to carry on their person and to avoid detection? I mean will the bank change for you or maybe money changer?
 

Jah_rastafar_I

Alfrescian (Inf)
Asset
Yes it is still in circulation



It is not difficult to obtain but if you know someone in the bank ask first before going. If you have no one in the bank then just go and ask for it if they do not have then ask them to ask which of their branch has.

Can confirm in the past it easier to get over the counter but after the casino opened noticed it's more difficult and even if have over the counter likely only one or tow pieces. Bur cannot confirm if its because of the casino or not.

Note that the bank will take down your NRIC number into a book and the serial number of the $10k note. Ask them why they will tell you it is for security purpose and it will be submitted to MAS too.



.

Yes can understand why if they do such a practice because they just need to make sure nobody smuggles huge sums of money out of singapore. Ppl were talking on blogs and sites about the sgd 10k being the most valuable banknote in the world and how someone could smuggle millions out of singapore but then would this person have enough 10k notes to make it up to a large sum at least in the hundreds of thousands. I don't think so. He would have a couple of 10k notes if he could get them and the rest would be in 1k, 100 and 50 notes.
 

Froggy

Alfrescian (InfP) + Mod
Moderator
Generous Asset
for the recording of serial numbers. I read of that before but i read again it isn't true. There isn't any confirmation on it. Do you have some link to show they record down serial for 10k?

Jah it is very true. Believe me, I confirm. Just happened to me in February, never fail to record my IC number against the serial number into a book, all banks and their branches do the same.
 

GoldenDragon

Alfrescian (Inf)
Asset
Let's say you need to bring a large sum maybe 1 million sgd out of singapore without the authorities noticing so can they change all their 1k notes into 10k up to 1million sgd so that it is easier to carry on their person and to avoid detection? I mean will the bank change for you or maybe money changer?

Not sure but surely attract attention this way. My friend succeeded in bringing in 500k, all in 1k and carried on his body not in luggage. A jacket comes in handy. If no one pau toh you, 99% no problem. Only people in legit biz wants 10k notes. They can account for it.
 

Jah_rastafar_I

Alfrescian (Inf)
Asset
Jah it is very true. Believe me, I confirm. Just happened to me in February, never fail to record my IC number against the serial number into a book, all banks and their branches do the same.

I see, maybe that's why that guy never showed any 10k notes cos need to record. Can show picture or not.

Not sure but surely attract attention this way. My friend succeeded in bringing in 500k, all in 1k and carried on his body not in luggage. A jacket comes in handy. If no one pau toh you, 99% no problem. Only people in legit biz wants 10k notes. They can account for it.

Do you know how many 10k notes in circulation? One of the uses of that note can be used to "hao lian"
 

Froggy

Alfrescian (InfP) + Mod
Moderator
Generous Asset
Not sure but surely attract attention this way. My friend succeeded in bringing in 500k, all in 1k and carried on his body not in luggage. A jacket comes in handy. If no one pau toh you, 99% no problem. Only people in legit biz wants 10k notes. They can account for it.

Thanks for saying that Pii GD.
 

Froggy

Alfrescian (InfP) + Mod
Moderator
Generous Asset
I see, maybe that's why that guy never showed any 10k notes cos need to record. Can show picture or not.

He he he he in SBF? I sure kenna from the members here. Anyway its not with me of course (you know where I am now don't you?)
 

GoldenDragon

Alfrescian (Inf)
Asset
Do you know how many 10k notes in circulation? One of the uses of that note can be used to "hao lian"

No idea bro. Know a chap who goes around HFJs carrying a 10k note. He will show the singers and most of these singers surely impressed. But this fucker is a miser. Hang flower only $50 and never tip service staff. Drink Chinese tea somemore. So, you are right. Can use to hao lian to the gullibles.
 

Jah_rastafar_I

Alfrescian (Inf)
Asset
That time i forgot if it was posted in this forum or maybe in another forum like stomp where someone posted i think a sum of money in 10k notes i think 30k on a toy pony. Anyone can remember that picture.
 

Jah_rastafar_I

Alfrescian (Inf)
Asset
No idea bro. Know a chap who goes around HFJs carrying a 10k note. He will show the singers and most of these singers surely impressed. But this fucker is a miser. Hang flower only $50 and never tip service staff. Drink Chinese tea somemore. So, you are right. Can use to hao lian to the gullibles.

So he will never use that 10k to buy something. Stupid govt created this 10k note so that normal ppl treat it machiam like souvenir
 

Froggy

Alfrescian (InfP) + Mod
Moderator
Generous Asset
No idea bro. Know a chap who goes around HFJs carrying a 10k note. He will show the singers and most of these singers surely impressed. But this fucker is a miser. Hang flower only $50 and never tip service staff. Drink Chinese tea somemore. So, you are right. Can use to hao lian to the gullibles.

Hahahahaha this I sure believe. I've also know a few people who always keep one piece (folded) in the wallet or handbag for good luck instead of “poh-sin-hu" ask them why they will say "lui-kia-kwa" (money afraid of cold).
 
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