Why are Brunei notes accepted but not coins?

• Clivebenss

  12 Jan 12, 08:16

  Jan 12, 2012 - ST Forum

  AS WE welcome the Crown Prince of Brunei to Singapore, we are reminded of the strong bilateral ties between Brunei and Singapore underscored by the Currency Interchangeability Agreement.

  Generally, while most retailers are willing to accept Brunei currency notes, my experience is that they do not accept Bruneian coins.

  Would the Monetary Authority of Singapore comment if the Currency Interchangeability Agreement applies to Brunei coins as well?

  Elgar Lee

• Clivebenss

  12 Jan 12, 08:59

  

   

  confused with Malaysian coins?

• Aero7

  15 Jan 12, 15:37

  Really ? I never knew that. Thanks for sharing. Personally, I think coins offer less mobility and efficiency if compared to notes. People prefer to use notes these days...

• Clivebenss

  15 Jan 12, 19:21

  I think Brunei coins are acceptable since both currencies are interchangable. I did get some change in Brunei coins before and I used them too.

• Shun Gui

  18 Jan 12, 02:05

  thanks for sharing.  never knew that!  kinda interesting to have our wallet full of brunei money yea.  then go out shopping and everything use brunei money to pay 

• Underpaid

  18 Jan 12, 02:10

  Think it's due to identification. Most of us can identify Brunei notes, but not many are familiar with the coins. And the Tripartite Monetary Agreement is something the older generation is more familiar with than the younger generation. Guess who was supposed to be the 3rd member? :P
• dragg

  18 Jan 12, 09:09

  i bet most of us have never seen a brunei coin.

  since the circulation here is very very low  it'd be too troublesome having to explain to everyone who gets the coin that it is also legal tender.

   

• Jacychong10

  18 Jan 12, 09:18

  Yeah..I think notes will be easier to identify than coins. due to the obvious difference in size. Hahaha. Imagine if you mistook a brunei coin for a malaysian one. You'll lose out on half the value lol. Sorry I sound incoherent :D

• Clivebenss

  18 Jan 12, 12:34

  Originally posted by Jacychong10:

  Yeah..I think notes will be easier to identify than coins. due to the obvious difference in size. Hahaha. Imagine if you mistook a brunei coin for a malaysian one. You'll lose out on half the value lol. Sorry I sound incoherent :D

  but Sg coins accepted in Brunei without problems.

  

• Jacychong10

  19 Jan 12, 10:23

  Hahah really? :O
  
  Then I guess the proportion of the coins in market is lesser now?

• Taj.deen.84

  9 Feb 12, 22:10

  Originally posted by Clivebenss:

  but Sg coins accepted in Brunei without problems.

  

  But Singapore's one dollar and 5 cent coins don't go in Brunei, due to thei colours

• dragg

  10 Feb 12, 09:31

  i wonder how much brunei coins the TS has to warrant the need to write to ST forum.