Catalog
10000 Dollars BCCS
| Issuer | Board of Commissioners of Currency, Singapore |
|---|---|
| Year | 1999 |
| Type | Standard circulation banknote |
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| Obverse description | Central vignette bears a portrait of Encik Yusof bin Ishak, first President of Singapore, set against a gold guilloche underprint. An onyx cowrie shell is positioned to the left of the portrait, with the coat of arms of Singapore appearing above the watermark window at right. |
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| Obverse lettering | SINGAPURA 新加坡 சிங்கப்பூர் SINGAPORE 10000 THIS NOTE IS LEGAL TENDER TEN THOUSAND DOLLARS CHAIRMAN BOARD OF COMMISSIONERS OF CURRENCY SINGAPORE SINGAPORE (Translation: Singapore Ten Thousand Dollars.) |
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| Comments |
The Board of Commissioners of Currency, Singapore — a statutory board separate from the Monetary Authority — continued issuing notes under its own name until 2002, when MAS formally absorbed the currency issuance function. This $10,000 note from 1999 belongs to the final years of that arrangement. At that denomination, it was never a note for ordinary commerce; high-value Singapore currency was primarily a tool for interbank settlements and large-scale financial transactions, a role it served efficiently in one of Asia's most active financial centres.
The $10,000 denomination was eventually discontinued — MAS ceased issuing it in 2014 as part of anti-money-laundering measures coordinated with the Financial Action Task Force.