Malaysian Currency
Secure Esthetic Easily Recognized Essential information for users and handlers
A Currency Education Program by:
Objectives
This presentation is guided by the following objectives: 1. To introduce the design, specifications and security features of the new banknote and coin series 2. To educate members of the public on the detection of counterfeit 3. To educate the importance of maintaining integrity (confidence) and quality of currency in circulation
Presentation Outline
1. 2. 3. Earlier Series of Malaysian Currency Creating a New Currency Series The New Series of Malaysian Currency: Design Specifications General Authentication Guides Security Features at a Glance
4.
5.
6.
It Pays to Check Your Banknotes
Counterfeiting: How to handle them Offences and punishments Maintaining Quality of Banknotes Exchange of Unfit Currency Corporate Social Responsibility (CSR)
7. 8. 9.
Earlier Series of Malaysian Banknotes
reflecting national pride and identity in all series of Malaysian Banknotes maintaining confidence and integrity of payment instrument to satisfy cash transactions
First Series (1967 1982) Design Theme : Geometrical
Second Series (1982 1996) Design Theme : Architecture
Third Series (1996 - 2011)
Design Theme : Wawasan 2020
RM500 and RM1000 demonetised in 1998
Earlier Series of Malaysian Coins
First Series (1967 1987) Design Theme : Parliament Series Coinage material: 1 sen : Copper-plated steel 5 sen to 1 Ringgit: Cupro Nickel
Second Series (1988 2011) Design Theme : Cultural Artifact Series
Coinage material 1 sen : Copper-plated steel 5 sen to 50 sen: Cupro Nickel 1 Ringgit: Copper Zinc Tin Rebana Ubi Gasing Congkak Tepak Sirih Wau bulan Keris
RM1 coin demonetised in Dec 2005
Creating a New Currency Series
Secure Esthetic Easily Recognized
Why change?
enhance usage and security
leverage on advancement in printing and minting technology consistent with the practice of other central banks
Design Philosophy
advance security features to deter counterfeiting identifiable by people, including those with partial vision or total blind machine readable aesthetically appealing design features elements that are distinctively Malaysia
Prod. process
The New Series of Malaysian Currency
RM1
Distinctively Malaysia multimedia presentation:
RM100
RM50
RM20
RM10
RM5
Specifications of the New Currency
Specification tables:
New Banknotes
Denomination Substrate Size (mm) Predominant Colour
New Coins
Denomination Alloy 50 sen 20 sen 10 sen 5 sen Nickel Brass Clad Copper Nickel Brass Stainless Steel Stainless Steel Shape Round with 9 indents Round Round Round Edge Plain Colour Yellow
RM100
RM50 RM20 RM10 RM5 RM1
Paper
Paper Paper Paper Polymer Polymer
150 x 69
145 x 69 145 x 65 140 x 65 135 x 65 120 x 65
Purple
Green-blue Orange Red Green Blue
Coarse Yellow Milled Silver Plain Silver
Denomination
reintroduction of RM20 banknotes for greater convenience in making payments discontinue issuing 1 sen following the implementation of rounding mechanism
retained sizes and predominant colours of the earlier series banknotes more user friendly coins: smaller and lighter, with different edge designs introduce in two colours yellow and silver RM1 printed on polymer substrate, as it has extended lifecycle new metal alloys to extend durability and lifespan of the coins
Colour and Size
Substrate
Sizes & colours
General Authentication Guide
Use your senses to authenticate the new banknotes:
Feel the quality of banknote substrate:
o paper it should feel unique, firm, and slightly rough in the heavily printed areas with crisp sound o polymer - smooth, unique texture of the note. It is made from a single piece of polymer with some transparent area.
Feel
Check the banknote using devices:
o UV light the paper substrate will not glow except for certain security features Magnifier intaglio microletterings are printed and invisible by the naked eye
Guide to verify your banknotes
Check Look
o
Look at the banknote against white light:
o Watermark and clear window a shadow image and denom value appear
Security thread a dark line with micro letterings appears
Hold the banknote straight and tilt it:
o Observe the image motion and colour changes at the woven security thread.
Tilt
Security Features at a Glance
Take a closer look guide to check your new RM1 polymer banknote
4
5 2 1 1 1 1
Intaglio
Feel the raised printing effect by touch
Look at the banknote against white light and observe :
3 1 4 5 4 7 8 1 6 2
Clear window
Shadow Image
transparent window containing embossed numeral 1
complete shadow image of the Songket
Non-transparent window
Perfect see-through register
complete formation of numeral 1
crescent and star printed in white from the back
6
Check using magnifier and UV light for the following :
6
Micro letterings
intaglio micro letterings
Two colour fluorescent element
Wau Bulan and numeral 1, appear in red and yellow colour
Text and logo
stag motif and a rectangle with text BNM1
Security Features at a Glance
Take a closer look guide to check your new RM5 polymer banknote
5 6 3 2 4 1 1 7 3 1 1 1 1
Intaglio
Feel the raised printing effect by touch
Look at the banknote against white light and observe :
2
Colour shifting patch
Clear window
transparent window containing embossed numeral 5
5 5
sulur kacang motif changes colour from green to purple
4
Shadow Image
Non-transparent window
complete shadow of the hornbill
crescent and star printed in white from the back
7
Perfect see-through register
complete formation of numeral 5
Check using magnifier and UV light for the following :
7
Micro letterings
intaglio micro letterings
Two colour fluorescent element
hornbill and numeral 5, appear in red and yellow colour
Text and logo
stag motif and a rectangle with text BNM5
Security Features at a Glance
Take a closer look guide to check your new RM10 banknote
3 1 9 1 1
Intaglio
Tilt the banknotes and observe:
4
Feel the raised printing effect by touch
4 2 1 6 1 5 3
Colour shifting security thread
the woven security thread changes colour from blue to red
Look at the banknote against white light and observe:
2
Watermark Potrait
watermark portrait and numeral 10
continuous dark line with micro text BNM10
5
8 3 1 6
Coloured glossy patch
Perfect see-through register
complete formation of numeral 10
a gold-coloured stripe with text RM10
Check using magnifier and UV light for the following :
6
Micro letterings
Two colour fluorescent element
Text and logo
Security fibers
intaglio micro letterings
image of Rafflesia with numeral 10, appear in red and yellow colour
stag motif and a rectangle with text BNM10
visible scatterred in red, yellow and blue colours
Security Features at a Glance
Take a closer look guide to check your new RM20 banknote
1 3 1 1 4 2 1 6 1 9 1
Intaglio
Tilt the banknotes and observe:
4
Feel the raised printing effect by touch
Colour shifting security thread
the woven security thread changes colour from gold to green
Look at the banknote against white light and observe:
3 2
Watermark Potrait
watermark portrait and numeral 20
continuous dark line with micro text BNM20
8 3 1 6
Coloured glossy patch
Perfect see-through register
complete formation of numeral 20
a gold-coloured stripe with text RM20
Check using magnifier and UV light for the following :
6
Micro letterings
intaglio micro letterings
Two colour fluorescent element
Text and logo
Security fibers
image of turtle with numeral 20, appear in red and yellow colour
stag motif and a rectangle with text BNM20
visible scattered in red, yellow and blue colours
Security Features at a Glance
Take a closer look guide to check your new RM50 banknote
1 3 6 2 1 7 1 1 1
Intaglio
Tilt the banknotes and observe:
4
Feel the raised printing effect by touch
10
Colour shifting security thread
the woven security thread changes colour from red to green
Look at the banknote against white light and observe:
3 2
Holographic stripe
Watermark Potrait
watermark portrait and numeral 50
4 8 9 3 1 7
Pumping and mattstructure effect of numeral 50 and hibiscus flower
6
Perfect see-through register
Graphic songket design registers perfectly
Multi-colour latent image
Check using magnifier and UV light for the following :
7
Numeral 50 visible in various colours when rotated
9
Micro letterings
intaglio micro letterings
Two colour fluorescent element
Text and logo
10
Security fibers
image of bio-molecule in numeral 50, appear in red and yellow colour
stag motif and a rectangle with text BNM50
visible scattered in red, yellow and blue colours
Security Features at a Glance
Take a closer look guide to check your new RM100 banknote
1 3 1 1 4 1 1 1 7 1
Intaglio
Feel the raised printing effect by touch
Look at the banknote against white light and observe:
2
5 2
10
Watermark Potrait
watermark portrait and numeral 100
Tilt the banknotes and observe:
5
6
7 8 9
Micro-lense security thread
Perfect see-through register
complete formation of numeral 100
the image of Bunga Raya in the thread moves
4
7 6
Embedded Thread
continuous dark line embedded in the paper
Coloured glossy patch
a gold-coloured stripe with text RM100
Check using magnifier and UV light for the following :
7
Micro letterings
intaglio micro letterings
Two colour fluorescent element
Text and logo
10
Security fibers
image of Mount Kinabalu with numeral 100, appear in blue and yellow colour
stag motif and a rectangle with text BNM100
visible scattered in red, yellow and blue colours
Security Features at a Glance
Take a closer look guide to authenticate your new coins
Latent image
lettering of the denomination 50 and SEN when the coin is tilted
Edge design
the milled and indented edges are evenly spaced
5 sen 10 sen
20 sen 50 sen
Micro-lines
embossed effect of very fine lines
50 sen
Magnetic properties
specific magnetic properties from characteristic of alloy composition
magnetic 5 and 10 sen non-magnetic 20 and 50 sen
It Pays to Check Your Banknotes
Counterfeit currencies are completely worthless. Dont get caught protect yourself and check your banknotes when you receive them. Spot the differences!
Genuine
1
Counterfeit
4
Genuine Printing quality
Counterfeit
Intaglio
Security thread
5
Micro letterings
Watermark Potrait
6
UV features
Suspecting a Counterfeit
If you become suspicious about the currency during a transaction, follow this simple steps:
handle the money as little as possible
do not write on, cut or modify the counterfeit banknotes.
do not re-circulate the banknotes
seal it in an envelope or a plastic cover
record on a separate spread sheet of paper all the details about how you got the currency
make a police report
Circulating Counterfeit is a Crime
It is a criminal offence to keep or pass on a counterfeit banknote
Law of Malaysia: Act 574
Penal Code
489A 489B 489C
Offence Counterfeiting of currency notes Using counterfeit currency notes Possession of counterfeit currency notes Making of processing instrument or materials for counterfeiting currency notes
Maximum punishment Imprisonment for 20 years, and fine Imprisonment for 20 years, and fine Imprisonment for 10 years
489D
Imprisonment for 20 years, and fine
Maintaining Quality of Banknotes
1. The two mostly-used banknotes denominations (RM1 & RM5) are printed on polymer. The following handling tips will ensure the realization of the benefits of polymer use paper bands to pack banknotes keep the banknote flat, store in upright position clean the banknote if it is stained with dirt durable recyclable non-porous cleaner resistance to tear
expose the banknotes to high temperatures crumple, staple and pin your banknotes fold the banknotes by applying heavy pressure use scissor and knives to unpack banknotes
Benefit of polymer
Maintaining Quality of Banknotes
2. Circulation of clean/fit banknotes help to ease identification of counterfeit and makes handling more pleasing
A Malaysian banknotes considered fit if meets all of the following criterias: Genuine, not counterfeit Free from defects, holes, tears, tape or missing banknote portion has uniform brightness and is free from excessive soiling Free from ink wear Free from defacing
Ink-wear holes soil deface
..and unfit if :
Unfit banknotes and coins can be assessed for exchange of value at commercial banks and BNM branches
tear
Guidelines on Quality standard for Malaysian Currency can be downloaded at www.bnm.gov.my
tapes
Exchange of Unfit Banknotes
The exchange of value will subject to the following assessment guidelines:
Assessment Criteria Full value
More than 2/3 of the original banknotes size
original size
Half value
More than but less than 2/3 of the original banknotes size
original size
No value
Less than of the original banknotes size
original size
Size of banknote
Full value
No value
Markings on the portrait of YDP Agong or writings depicting political slogan and religious elements
Minor defacing
Defacing
Major defacing or using banknote as a writing pad
Final Thought, yet Important
As part of our Corporate Social Responsibilities (CSR), we are committed to ensure circulation of Malaysian currency is conducted in a more efficient and environmental friendly manner
Green partnership
Together, we can make a difference: Reduce usage of brand new notes for duit raya during festive seasons
Bank Negara Malaysia
No value
Reuse our coins
Cash handlers and users
Recycle fit banknotes. When withdrawing, always ask for recycled banknotes and coins first
banks Retailers/businesses public
Contact Us
Currency call centre +603-26988044 ext:8568 ncs@bnm.gov.my bnmtelelink@bnm.gov.my www.bnm.gov.my Contact Person: General queries -En. Ghazari Amri Sanusi Training & education - Tn. Hj. Abdul Rani Lazim Ext: 7408 Ext: 7745 BNM TELELINK 1-300-88-5465
Currency distribution En. Kumaravale S.M.K. Pillai Ext: 7613
Counter services En. Che Husin Che Man Ext: 7417
Q&A
all currency related questions are welcomed
Thank You
Jabatan Pengurusan dan Operasi Matawang, BNM 2012
