| Mô tả mặt trước |
The obverse is dominated by a central intaglio vignette of the bulk carrier Neptune Canopus rendered in red against the Singapore city skyline, overlying a multicolour guilloche underprint. Denomination and issuing authority are inscribed in Singapore's four official languages — English, Malay, Chinese, and Tamil — arranged around the central design. The signature of the Minister for Finance appears below the vignette, accompanied by the legal tender declaration. |
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| Mô tả mặt sau |
The reverse presents a detailed intaglio vignette of the 1987 National Day Parade at the Padang, with the colonial City Hall building and palm trees visible in the background and parade formations in the foreground. An elaborate guilloche rosette with interlocking decorative scrollwork occupies the left portion of the note in multicolour underprint. The denomination $10000 appears in numeral form at upper left and lower right, with the inscription TOGETHER... EXCELLENCE FOR SINGAPORE arching above the central scene. |
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The S$10,000 note is one of the highest-denomination banknotes ever issued for general circulation anywhere in the world. Singapore's decision to maintain it reflected the city-state's role as a regional financial hub where large cash transactions between institutions were routine enough to justify the denomination in physical form. Most central banks had long since abandoned notes at this level, treating them as instruments of illicit finance rather than legitimate commerce.
The Monetary Authority of Singapore eventually demonetized the S$10,000 — along with the S$1,000 — in 2021, citing money-laundering concerns. Notes from the 1989 series remain legal tender but are effectively off the market.