You can’t make full payments in coins even if you are mad

payments

Ever feel pissed with the salesperson and wanted some revenge? Well, now you can no longer make large payments with coins.

On 14 Jan, the Currency (Amendment) Bill was passed in the Parliament. Under the new rule, each transaction only allows 20 coins per domination. This means that a payer can use up to 20 pieces each of 5-cent, 10-cent, 20-cent, 50-cent and $1 coins per transaction.

The rule was enforced due to a couple of high-profile cases in 2014, where large quantities of coins were used for payment. “One case involved the payment of close to $20,000 in coins at a car dealer’s showroom. Another involved over $1,000 worth of coins at a handphone shop at Sim Lim Square.”

So unless your payment is less than $37, you can’t pay everything in coins. But come on, don’t trouble other people can. Be considerate! People also need to run business one leh.


If you’d like to contribute your story to us, drop us an email at [email protected] and we’ll review it. We read each submission that comes to us within two weeks of receiving it.

Comments

comments

Written by 

My head is as bright as a full moon.