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A Currency Education Program by: Malaysian Currency Essential information for users and handlers Secure Esthetic Easily Recognized

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A Currency Education Program by:

Malaysian Currency

Essential information for users and handlers

Secure • Esthetic • Easily Recognized

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

This presentation is guided by the following objectives:

Objectives

1. Earlier Series of Malaysian Currency

2. Creating a New Currency Series

3. The New Series of Malaysian Currency:

• Design • Specifications

4. General Authentication Guides

• Security Features at a Glance

5. It Pays to Check Your Banknotes

6. Counterfeiting:

• How to handle them • Offences and punishments

7. Maintaining Quality of Banknotes

8. Exchange of Unfit Currency

9. Corporate Social Responsibility (CSR)

Presentation Outline

• 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 Banknotes

Rebana Ubi Gasing Congkak Tepak Sirih Wau bulan Keris

First Series (1967 – 1987)

Design Theme :

Parliament Series

Second Series (1988 – 2011)

Design Theme : Cultural Artifact

Series

Coinage material: 1 sen : Copper-plated steel

Coinage material 1 sen : Copper-plated steel

5 sen to 50 sen: Cupro Nickel

1 Ringgit: Copper Zinc Tin

5 sen to 1 Ringgit: Cupro Nickel

RM1 coin demonetised in Dec 2005

Earlier Series of Malaysian Coins

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

Creating a New Currency Series

Prod. process

RM

1

RM

5

RM

10

R

M2

0

RM

50

R

M1

00

‘Distinctively Malaysia’ multimedia presentation:

The New Series of Malaysian Currency

Specification tables:

Denomination Substrate Size (mm) Predominant

Colour

RM100 Paper 150 x 69 Purple

RM50 Paper 145 x 69 Green-blue

RM20 Paper 145 x 65 Orange

RM10 Paper 140 x 65 Red

RM5 Polymer 135 x 65 Green

RM1 Polymer 120 x 65 Blue

Denomination Alloy

Shape Edge Colour

50 sen Nickel Brass Clad Copper

Round with 9 indents

Plain Yellow

20 sen Nickel Brass Round Coarse Yellow

10 sen Stainless Steel Round Milled Silver

5 sen Stainless Steel Round Plain Silver

New Banknotes New Coins

Denomination

Colour and Size

Substrate

• 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

• reintroduction of RM20 banknotes for greater convenience in making payments • discontinue issuing 1 sen following the implementation of rounding mechanism

• RM1 printed on polymer substrate, as it has extended lifecycle • new metal alloys to extend durability and lifespan of the coins

Specifications of the New Currency

Sizes & colours

Look Check

Use your senses to authenticate the new banknotes:

Guide to verify your banknotes

Feel

Tilt

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.

Look at the banknote against white light: o Watermark and clear

window – a shadow image and denom value appear

o 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.

Check the banknote using devices:

o UV light – the paper substrate will not glow except for certain security features

o Magnifier – intaglio micro-letterings are printed and invisible by the naked eye

General Authentication Guide

Security Features at a Glance

Take a closer look – guide to check your new RM1 polymer banknote

2

3

6

1

1 5

5

4

4

7 8

6

1

Feel the raised printing effect by touch

1 Intaglio

2 Clear window 3 Shadow Image

4 Non-transparent window 5 Perfect see-through register

6 Micro letterings 7 Two colour fluorescent element

8 Text and logo

complete shadow image of the “Songket“

crescent and star printed in white from the back

complete formation of numeral 1

intaglio micro letterings

transparent window containing embossed numeral 1

stag motif and a rectangle with text ‘BNM1’

Wau Bulan and numeral 1, appear in red and yellow colour

Look at the banknote against white light and observe :

Check using magnifier and UV light for the following :

1

1

Take a closer look – guide to check your new RM5 polymer banknote

Feel the raised printing effect by touch

1

7 Micro letterings 8 Two colour fluorescent element

9 Text and logo

intaglio micro letterings

stag motif and a rectangle with text ‘BNM5’

hornbill and numeral 5, appear in red and yellow colour

Check using magnifier and UV light for the following :

3

4

7

1

1 6

6

5

5

8 9

7

1

2

Look at the banknote against white light and observe :

2 Colour shifting patch

‘sulur kacang’ motif changes colour from green to purple

3 Clear window

transparent window containing embossed numeral 5

crescent and star printed in white from the back

complete formation of numeral 5

5 Non-transparent window

4 Shadow Image

complete shadow of the hornbill

6 Perfect see-through register

Intaglio

Security Features at a Glance

1

1

Colour shifting security thread

Coloured glossy patch

Micro letterings

Text and logo Security fibers Two colour fluorescent element

Check using magnifier and UV light for the following :

Look at the banknote against white light and observe:

a gold-coloured stripe with text RM10

intaglio micro letterings

stag motif and a rectangle with text ‘BNM10’

image of Rafflesia with numeral 10, appear in red and yellow colour

visible scatterred in red, yellow and blue colours

Take a closer look – guide to check your new RM10 banknote

1

1

1

1

2 4

3

3

1

6

6

5

8 7

9

Feel the raised printing effect by touch

Tilt the banknotes and observe: 1 Intaglio

watermark portrait and numeral 10

2 Watermark Potrait

complete formation of numeral 10

Perfect see-through register

3

4

• the woven security thread changes colour from blue to red

• continuous dark line with micro text BNM10

5

6 7 8 9

Security Features at a Glance

1

Colour shifting security thread

Coloured glossy patch

Micro letterings

Two colour fluorescent element

Text and logo Security fibers

intaglio micro letterings

stag motif and a rectangle with text ‘BNM20’

image of turtle with numeral 20, appear in red and yellow colour

visible scattered in red, yellow and blue colours

a gold-coloured stripe with text RM20

1

1

1

1

2 4

3

3

1

6

6

5

8 7

9

Take a closer look – guide to check your new RM20 banknote

Tilt the banknotes and observe:

Look at the banknote against white light and observe:

Check using magnifier and UV light for the following :

Feel the raised printing effect by touch

1 Intaglio

watermark portrait and numeral 20

2 Watermark Potrait

complete formation of numeral 20

Perfect see-through register

3

4

• the woven security thread changes colour from gold to green

• continuous dark line with micro text BNM20

5

6 7 8 9

Security Features at a Glance

1

Holographic stripe

10

5

1 1

1

1

2

3

3

7

4

7

6

9 8

10 5

1

1

Numeral 50 visible in various colours when rotated

Pumping and matt-structure effect of numeral 50 and hibiscus flower

intaglio micro letterings

stag motif and a rectangle with text ‘BNM50’

image of bio-molecule in numeral 50, appear in red and yellow colour

visible scattered in red, yellow and blue colours

Tilt the banknotes and observe:

Look at the banknote against white light and observe:

Check using magnifier and UV light for the following :

Feel the raised printing effect by touch

1 Intaglio

4

the woven security thread changes colour from red to green

Colour shifting security thread

Multi-colour latent image

6

7 Micro letterings

8 Two colour fluorescent element

9 Text and logo Security fibers

Security Features at a Glance

Take a closer look – guide to check your new RM50 banknote

watermark portrait and numeral 50

2 Watermark Potrait

Graphic songket design registers perfectly

Perfect see-through register

3

Embedded Thread

4

Security fibers 10

1

1

1

1

1

2 5

3

3

1

7

7

7

6

9 8

4

10

stag motif and a rectangle with text ‘BNM100’

image of Mount Kinabalu with numeral 100, appear in blue and yellow colour

continuous dark line embedded in the paper

intaglio micro letterings

visible scattered in red, yellow and blue colours

Take a closer look – guide to check your new RM100 banknote

Look at the banknote against white light and observe:

Check using magnifier and UV light for the following :

Feel the raised printing effect by touch

1 Intaglio

watermark portrait and numeral 100

2 Watermark Potrait

complete formation of numeral 100

Perfect see-through register

3

7 Micro letterings

8 Two colour fluorescent element

9 Text and logo

a gold-coloured stripe with text RM100

Tilt the banknotes and observe:

5

the image of ‘Bunga Raya’ in the thread moves

Micro-lense security thread

Coloured glossy patch 6

Security Features at a Glance

1

5 sen

10 sen

20 sen

50 sen

magnetic – 5 and 10 sen

non-magnetic – 20 and 50 sen

the milled and indented edges are evenly spaced

specific magnetic properties from characteristic of alloy composition

embossed effect of very fine lines

Latent image

Edge design

Micro-lines

Magnetic properties

lettering of the denomination “50” and “SEN” when the coin is tilted

Take a closer look – guide to authenticate your new coins

50 sen

Security Features at a Glance

Counterfeit currencies are completely worthless. Don’t get caught– protect yourself and check your banknotes when you receive them.

Intaglio

Security thread

Counterfeit

Watermark Potrait

Printing quality

Micro letterings

UV features

Genuine Counterfeit Genuine

1

2

3

6

5

4

It Pays to Check Your Banknotes

Spot the differences!

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

Suspecting a Counterfeit

It is a criminal offence to keep or pass on a counterfeit banknote

Penal Code

Offence Maximum punishment

489A Counterfeiting of currency notes Imprisonment for 20 years, and fine

489B Using counterfeit currency notes Imprisonment for 20 years, and fine

489C Possession of counterfeit currency notes Imprisonment for 10 years

489D Making of processing instrument or materials for counterfeiting currency notes

Imprisonment for 20 years, and fine

Law of Malaysia: Act 574

Circulating Counterfeit is a Crime

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

Maintaining Quality of Banknotes

use paper bands to pack banknotes

keep the banknote flat, store in upright position

clean the banknote if it is stained with dirt

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

X X X

durable recyclable non-porous cleaner resistance to

tear

Benefit of

polymer

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

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:

Maintaining Quality of Banknotes

Guidelines on Quality standard for Malaysian Currency can be downloaded at www.bnm.gov.my

..and unfit if :

soil deface

Ink-wear holes

tapes

Unfit banknotes and coins can be assessed for exchange of value at commercial banks and BNM branches…

tear

Size of banknote

More than 2/3 of the original banknote’s size

Assessment Criteria

Defacing

More than ½ but less than 2/3 of the original banknote’s size

Minor defacing Major defacing or using banknote as a writing pad

Markings on the portrait of YDP Agong or writings depicting political slogan and religious elements

original size original size original size

Less than ½ of the original banknote’s size

Full value Half value No value

Full value No value

Exchange of Unfit Banknotes

The exchange of value will subject to the following assessment guidelines:

Currency call centre +603-26988044 ext:8568

[email protected] [email protected]

www.bnm.gov.my

Contact Person: General queries -En. Ghazari Amri Sanusi

Training & education - Tn. Hj. Abdul Rani Lazim

Currency distribution – En. Kumaravale S.M.K. Pillai

Counter services – En. Che Husin Che Man

Ext: 7408

Ext: 7745

Ext: 7613

Ext: 7417

Contact Us

BNM TELELINK 1-300-88-5465

Q&A

all currency related questions are welcomed

Thank You

Jabatan Pengurusan dan Operasi Matawang, BNM 2012