Notes Distribution Cycle

Members of the public and businesses deposit their notes with banks either over the counter at bank branches or through cash deposit machines.

From these deposits, notes that are in excess of the banks' needs are in turn deposited with The Monetary Authority of Singapore (MAS), where they will be processed. This includes counting, authenticating and fitness sorting. Processed notes are then repacked and stored, ready for re-issue to the banks.

When banks require notes to meet demand from the public and businesses, they will withdraw the required amount from MAS. The notes will then be distributed islandwide to the banks' branches or Automated Teller Machines (ATMs) to facilitate withdrawals by the general public and businesses.