I am disapppointed to ask this here because of lack of info on BNM's website.

Is the the old RM5 banknote (and similarly old RM10) still legal tender? (see the pic link)

http://en.wikipedia.org/wiki/Image:Malaysi...nggit_front.jpg

Some shops will just accept it.

thanks that but that does not exactly answer my question......

how many u have? why don't just keep it and collect..

actually still can use, i think not until they say it cant be used, but if i have it, i will keep it lo

It'll be the same value. The shop won't treat it as collectable or antique.

thanks guys
if any merchant refuse to accept it I'll just report them to Bank Negara!

You know the old RM1 note, I don't think this is accepted, and the RM1 coin, is also not accepted, but I know lots of grocery shops would be too happy to take it off my hands.

I have old RM1 note and old 50 cent

i hav the very old rm10 notes


the 1 tad have a tiger logo

all accepted except the RM 1 coin, 1 sen coin, RM 20, RM 500 & RM1000

1 cent coin still a legal tender of currency, just the scheme of rounded up reduce its usage, BNM hasn't said it is not legal tender, if not mistaken.
So if you go to the bank to deposit 1 cent, they still need to accept it. But under rounded up scheme, you must pay in 5 cents or 10 cents, but it doesn't mean you can pay in 5 x 1 cent coin, unless BNM has stated 1 cent coin is not legal tender anymore, if not mistaken, BNM hasn't.

Rm500 & Rm1000 is no legal tender in public, but one can exchange with BNM.

Only those BNM mentioned that the currency notes or coins which are not longer legal tender (like Rm500 Rm1000), otherwise everyone in Malaysia must accept it. Old notes doesn't mean it is not legal tender.

Having said it, some really old notes which being preserved well might catch some higher value than its face value if you can find somebody interest to collect it as antique.

This post has been edited by cherroy: Jul 5 2008, 10:01 AM

Talking about old RM1 notes, yea don't see them around for quite sometime.

they are worth more in the future... so keep it for ur grand - grand - grand son/daughter

aiyo all still accept la, except those which banned lor, 1sen, rm1 coin, rm20, rm500, rm1000

this 1 a?? i got alot in my house... cz i like collect de... i got 1 version older then this, n got wang pisang also, hope u all know whats that =P

what about RM2 note?

1 cent is still a legal tender, just rounding off mechanism get rid of its usage.

Old RM20 also a legal tender. Rm1 coin, Rm500 and Rm1000 are not.

Surely can use.

hi guys. There is an on going bid in Garage sales for old Malaysian notes. Interested just pop over there. I just visited the site. Though must warn you I am not involved in this auction nor the seller but just curious and since I come across you discussing this then I recommend.

How about RM50 new note , why never come out yet?? im waiting for it since chinese new year

Yeah, so far only saw once in Genting only

You won't be seeing or accepting it from ATM withdrawal since the machine doesn't support the new note.

You may have higher chance of getting it if you perform an over-the-counter withdrawal.

Yes the old RM5 note is still accepted as legal tender Shops should not CANNOT reject the note if U use it for payment

This post has been edited by tinkerbel: Jul 7 2008, 10:31 AM

I saw some money exchangers pasted old notes on their wall.

Guess, they're definitely legal tender.

can sell it to me?

How much you want to offer to TS?

I tried to deposit a RM20.00 note at RHB Bank and the cashier refused to accept it. Said I have to go toBank Negara to exchange it!!

My station still accept it .. as long as the bank approve it.

Talk to the manager and get them to check on their policies in black and white from BNM. Create a ruckus. Always works.
The teller will be scared shit if you do that!


Anyhow, I still got the old RM5 notes in crispy condition, plus, with a CROSS right at the back (the white horizontal line across the flag pole)


I used to have the old RM1 coins (big ones, before the smaller gold ones) that was from the 70s 80s. But all lost when we moved house
Dunno if the movers took it or we accidentally threw it away

This post has been edited by happy4ever: Jul 12 2008, 10:41 AM

I was not sure whether she was right so better not make a big fuss.

I too have a few of those $5 notes in mint condition. Some ppl say collectors will pay up to RM10 for it.
Anyone has any idea where we can sell all those old notes?

I have couples of those too. Anybody interested?

Frame these up. It's a rare peace of national currency that "supports" Christianity with the national flag!!!

I believe that's not really intention.

What was the real intention of having a cross on the back of old RM 5 notes?

Thats printing error.

But it is nice to see the cross behind! LOL

That would be an antique RM5.00 note edi .. better keep it higher value when there is really someone looking for it ..

i think about ten years ago, i saw shops in sg wang selling these:

1971 10 cents coin for RM100 (nvr seen one)
RM5 note with cross flag post for RM35 (this is not rare)

Sure, the old RM5 note is still accepted as legal tender. But u hardly see it used by ppls already, so better keep it -.-

10 years it cost RM 35 for RM5 note with cross flag post! I believe it'll cost more now

i have rm1,rm2,rm5,rm20,rm50,rm100,rm1000 all the old models..keeping it..

coins rm1

Wow ... you're still keeping RM 1000. That's a lot of money man!

yeah..i know..its a lottt..if the price for rm1k = rm10 k..ill chage dude..if la..hahha..

can show to my grandchild one fine day..atuk dulu kaya..ada rm1000..hahah

The old RM5/RM20 is still a legal tender.
The RM2 is a legal tender.

1 sen coin is a legal tender.
RM1 coin is NOT a legal tender.

Old notes can be exchanged in BNM.
OR
You can just keep it.

ok thanks all

question has been answered to death, so closing thread.