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null Policy Document on Quality and Integrity of Currency

Policy Document on Quality and Integrity of Currency

Embargo : For immediate release Not for publication or broadcast before 1905 on Monday, 25 September 2023
25 Sep 2023

Summary
This Policy Document sets out the following:
(a) criteria in determining the quality of Malaysian currency in circulation;
(b) standards in processing and recirculating Malaysian currency to the public;
(c) standards in handling suspected counterfeit Malaysian currency in Malaysia;
(d) requirements to record and report suspected counterfeit Malaysian currency;
(e) timeline to lodge a police report of suspected counterfeit Malaysian currency; and
(f) requirements to have competent staff and possess suitable currency processing machines.

Issuance Date
12 September 2023

Effective Date
1 October 2023

Issuing Department
Currency Management and Operations

Documents
(a) Policy Document
(b) Frequently Asked Questions

Bank Negara Malaysia
25 September 2023

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