Yesterday, a story by Joshua Foong from Malaysia local newspaper The Star share a story how all the new RM50 notes cleaned out after leaving his wallet in the wash. Yeoh Jit Shiong, 25, a mechanical engineer had RM200 literally “washed away” when the print on his new RM50 notes disappeared after he accidentally left his wallet in the laundry. I don't think this is a new story. This kind of story keep repeating every year each times a new banknotes has been released by Bank Negara Malaysia.
“The printing was completely washed off, including the serial number" said Yeoh.
“What’s surprising is that an old RM50 note that got washed along with the new notes wasn’t damaged at all,”
“If an old RM50 note can withstand being in a washing machine, why not the new RM50 note, which is supposed to be an improved, upgraded version?” he asked.
Yeoh had withdrawn RM300 in RM50 notes from an ATM in USJ earlier in the day. He said the notes from the ATM were new and genuine.
“I used RM50 to pay the cashier at a petrol station, who validated it with a bank-note detector.
“With the serial numbers washed off, how am I going to take the notes back to the bank for an exchange?”
Can this mechanical engineer change his banknotes to a new one? He certainly can. Just go to any Bank Negara branches and said that you have a damaged banknotes. Normal bank normally will not change your damaged money with a new notes. I read so many site about coin and banknotes almost everyday but I never saw any news about how paper money from other country get damaged or its colour washed away like this. Most Malaysian don't know how to take care of their money. They just think paper money can survive any condition. When the new polymer 5 ringgit been released few years back, its colour also can be washed away and the money can be easily torn apart. Does Malaysia banknote made from low quality material with so many security features?
What do you say about this? Some of you most probably, laundry your money by mistake. Please share your opinion in here.
Source: the Star
