As Chinese New Year approaches, banks in Malaysia are beginning to announce the availability of RM10 and RM50 notes to help customers prepare for the festive season. The tradition of giving angpows with crisp banknotes remains a cherished custom, symbolising prosperity and good intentions. Open a DURIAN-i Account, deposit & stand to win your once-in-a-lifetime escapes, with up to 10,000 prizes to be won! Earn more entries now. Terms & Conditions Apply. The practice symbolizes renewal and fresh beginnings, though some banks now offer a mix of new and “good as new” notes to balance tradition with sustainability. For friends and extended family members, RM10 to RM20 is the norm, while immediate family members usually receive more, depending on the couple’s budget. Yes, you can still walk into any UOB branch to exchange for the fit-for-giving notes without prior online reservation. We encourage you to make an online reservation for the fit-for-gifting notes during the CNY period ensure that those who have made prior online reservations are able to get their hands on the limited supply of fit-for-gifting notes during the festive period, and also help to Look for ATMs with the signage “Get new notes here.” Select Withdrawal: Choose the “Withdrawal” option on the ATM screen. Choose Amount: The maximum limit is typically RM300. Collect New Notes: Collect RM10 notes from the ATM. Ang Pao Packets: Request Ang Pao packets at the front counter. Availability: Varies by branch; check the Please note that the availability of new notes for Ang Pao may vary from branch to branch. For a comprehensive list of Maybank ATMs supporting the withdrawal of new notes for Ang Pao during Chinese New Year 2024, visit the Maybank official website. ii) Ambank ATMs In line with the Association of Banks in Malaysia’s (ABM) recommendation to switch to e-angpow options to promote sustainability, Maybank also noted that instant transfers can be made via DuitNow Transfer on the MAE app. This year’s prelude to the Chinese New Year celebrations has been marked by a noticeable shortage of new bank notes. Maybank customers will also be able to withdraw new RM10 and RM50 notes from ATMs at selected locations, starting from today until 1 February 2022. Note that Maybank has arranged each of these ATMs to dispense only specific denominations of fresh notes (e.g. ATM 1 only dispenses RM10, while ATM 2 only dispenses RM50), so if you’re looking to withdraw specific denominations, you may want to RM10 & RM50 banknotes at Selected Maybank ATMs this Chinese New Year Dear Valued Customers, In conjunction with the festivities, you can now conveniently withdraw RM10 & RM50 banknotes at selected Maybank ATMs nationwide from 2 February 2024 until 9 February 2024. The maximum withdrawal limit is also generally set to RM300 to ensure wider availability of notes for all customers. Through their Facebook page, Hong Leong Bank has also shared that they will be issuing new notes through their ATMs for Chinese New Year – but are also encouraging customers to give out e-ang pau instead. Malaysia often celebrates the Lunar New Year or Chinese New Year in a big way, with vibrant celebrations that honour the country's rich traditions and festive spirit. This holiday is one of the most important cultural events of the year for the Chinese community. The Association of Banks in Malaysia (ABM) has urged the Chinese community to switch to e-angpow this coming Chinese New Year, in a bid to protect the environment and raise awareness. This comes as banks are reducing the quantity of new notes provided for the festive season, and are instead encouraging customers to recycle banknotes. China has chosen Malaysia as the host for the first-ever Chinese New Year (CNY) celebration to be held outside of the country. The Minister of Tourism, Arts and Culture, Datuk Seri Tiong King Sing, stated that this was announced during a meeting with the Minister of Culture and Tourism of China, Sun Yeli, during the [] Affin Bank and CIMB Bank are now offering RM10 and RM50 notes for the upcoming Chinese New Year celebration at selected branches and locations, available only for a limited period. While Affin Bank did not specifically mention that it will be disbursing RM10 and RM50 fresh notes, CIMB Bank has said that it is releasing new RM10 notes at What is Chinese New Year? Chinese New Year, also known as the Spring Festival, with more than 4000 years of history, marks the beginning of the Chinese year. Chinese New Year is a festival that commemorates the first full moon of the new lunar calendar year, and the celebration starts from the eve until the fifteenth day of the first lunar month. SINGAPORE: From Jan 7, the public may make bookings to collect fit-for-gifting bank notes for Chinese New Year, said the Monetary Authority of Singapore (MAS) on Thursday (Jan 2). These "fit notes Chinese New Year is perhaps the biggest and most important annual festival for the Chinese community. Read everything about Chinese New Year in Malaysia and check out the upcoming Chinese New Year dates (for 2013, 2014, 2015 and so on). Chinese New Year has evolved, and its customs have undergone a long developmental process. Some people believe that the Chinese New Year originated in the Shang Dynasty (1600–1046 BC) when people held sacrificial ceremonies in honour of gods and ancestors at the beginning or the end of each year. The origins of the Chinese New Year are What Is the Chinese New Year? Chinese New Year, also renowned as the Spring Festival, with more than 4000 years of history, marks the beginning of the Chinese year. It is common that the festival lasts for more than one day and ends at the Lantern Festival on the fifteenth day of the first lunar month. Chinese New Year is a time of celebration and giving. More likely than not, you’ll be giving out some gifts here and there. But even with gifts, there’s some etiquette you need to take note of, especially during the Lunar New Year. Always keep in mind that colour has large significance in the Chinese culture.
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