New 100 banknotes caused confusion among Thais

[webfact]

New 100 banknotes caused confusion among Thais

 

 

A new set of Thai banknotes, to commemorate the anniversary of His Majesty the King’s coronation, have been released. The 1,000 baht note is larger than its original size and is printed in a portrait orientation in 3D magnetic ink, to prevent counterfeiting.

 

The 100 baht note is printed using the same technology. Both new notes feature illustrations of the coronation ceremony were officially released yesterday (December 12th) by the Bank of Thailand.

 

Social media users, however, have been discussing the new banknotes, claiming that the new 100 looks similar to the old 1,000. The new banknotes can be used like other banknotes in current circulation and can be exchanged through commercial banks, the Government Savings Bank, the Bank for Agriculture and Agricultural Cooperatives, the Government Housing Bank, and the Islamic Bank of Thailand. The new 100 baht banknotes can also be withdrawn from ATM machines.

 

Full story: https://www.thaipbsworld.com/new-100-banknotes-caused-confusion-among-thais/

 

 

-- © Copyright Thai PBS 2020-12-14

 

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[ezzra]

One can easily see why there is a confusion between the 100 and the 1000 baht notes, Thailand is a prolific coins and banknotes issuer with dozens of new coins, mostly comparatives, comes into the market every year, usually it is easy to distinguish one denomination from the others, not sure what happen this time...

[SlackJawChef]

Think I'm gonna need a new wallet, to try and get those new thousands in,I hope they're just for commemorative collectors and not actually to go into circulation. How are ATMs going to dispense those?

[Jack Mountain]

Just count the zeroes ...

[LALes]

I can see where the confusion lies. The new hundred Baht note is more gold and brown than red. It looks more like a thousand Baht note.

[elgenon]

54 minutes ago, Jack Mountain said:

Just count the zeroes ...

Hard to do in a dark bar.

[VocalNeal]

54 minutes ago, LALes said:

I can see where the confusion lies. The new hundred Baht note is more gold and brown than red. It looks more like a thousand Baht note.

 

In a taxi with a blue ceiling lamp. So not change there?

[quake]

Amazing Thailand

 

[craigieboy1973]

Does not matter your still be ripped off 

[Venom]

Brilliant! I can't wait to add them to my collection. Too big to fit in my wallet however, will i need to start carrying a purse? ????  

[Susco]

The last batch of notes released, with the new monarch, was already pretty confusing in the dark because of the colors. I guess this one will even be a step up from that.

[Moonlover]

2 hours ago, SlackJawChef said:

How are ATMs going to dispense those?

 

5 hours ago, webfact said:

The new 100 baht banknotes can also be withdrawn from ATM machines.

 

Clearly the 1,000 notes will not be dispensable without some major technical upgrades.

 

So I don't think it will be a case of larger wallets. Rather it will be fatter ones. They can't possibly be dumping the standard sized 1,000 note. Imagine pulling 30,000 THB out in 100s!

Edited December 14, 2020 by Moonlover

[4MyEgo]

56 minutes ago, elgenon said:

Hard to do in a dark bar.

Especially when your tanked.

[Stevemercer]

I wish Thailand would rationalise the currency. Replace 20 Baht notes with coins, and get rid of satang coins and 1 baht coins

[elgenon]

2 hours ago, 4MyEgo said:

Especially when your tanked.

Especially when a rental girl or three is distracting you.

[CorpusChristie]

2 hours ago, Moonlover said:

 

Clearly the 1,000 notes will not be dispensable without some major technical upgrades.

 

So I don't think it will be a case of larger wallets. Rather it will be fatter ones. They can't possibly be dumping the standard sized 1,000 note. Imagine pulling 30,000 THB out in 100s!

 

  Stop showing off , I will be happy being able to withdraw 300 Baht at a time 

[Moonlover]

1 minute ago, CorpusChristie said:

 

  Stop showing off , I will be happy being able to withdraw 300 Baht at a time 

I've only done it once to pay the rent in my early days here. ????

 

[Kildonan]

38 minutes ago, Stevemercer said:

I wish Thailand would rationalise the currency. Replace 20 Baht notes with coins, and get rid of satang coins and 1 baht coins

And that is how you end up with inflation,,,, and price rounding up. Experienced that with UK decimalisation! ALL prices increased. 

[CharlieH]

Off topic and responses removed.

[Jack Mountain]

3 hours ago, elgenon said:

Hard to do in a dark bar.

It's the only way, can't see the color ...

[CharlieH]

I can see some unscrupolous people claiming to have only received a 100 and not a 1000.

 

Need to be very vigilant at the ATM and hope whoever loaded it, got it right.????

 

They could of put 100 in 1000 or vice versa, be a nice windfall if they put 1000 in the 100 slot ????

[patman30]

8 minutes ago, CharlieH said:

be a nice windfall if they put 1000 in the 100 slot

it would.......
until you get the phone call informing you to return the money
after you've spent it.

[mr mr]

looks meh. putting it vertical too. meh. 

[Truth Will Set You Free]

I guess you have to be Stevie Wonder to know the different between 100 baht to 1000 bill. ????????????????

[Bangkok Barry]

Is there anything that Thailand doesn't mess up? Why change the colour to match another? Maybe it's the first step to making all the banknotes look the same, like the US$.

[orchidfan]

As I've commented a while ago,  WHY is the note's denomination no longer printed at the TOP of the note.....as it used to be and IS on any other country's bank notes that I have seen/used.

When you look in your wallet it's the TOP of the note you see....not the bottom or the colour!

Please correct me if I'm wrong. 

[Kaopad999]

So hopefully when i hand the new 100 THB bank note to the seven eleven cashier, the will mistake it for a 1,000 THB bank  note ???? 

[Hayduke]

10 hours ago, webfact said:

New 100 banknotes caused confusion among Thais

 

What auspicious timing….

 

With millions of people in debt…millions of people unemployed….and millions of people wondering how they’re going to support their families…the government decides to roll out a fancy set of larger, more colorful, and more impressive banknotes.

 

It’s no wonder these banknotes confuse people..…..possibly they’re only intended for use by Hi-So spenders. The old, worn, and ordinary banknotes are better left to the peasants.

 

 

 

Edited December 14, 2020 by Hayduke

[Percy P]

5 hours ago, Moonlover said:

 

Clearly the 1,000 notes will not be dispensable without some major technical upgrades.

 

So I don't think it will be a case of larger wallets. Rather it will be fatter ones. They can't possibly be dumping the standard sized 1,000 note. Imagine pulling 30,000 THB out in 100s!

I thought 20,000B was the maximum. But the 1000 Baht being bigger I'll head I new wallet which could leave  many shops unable to sell the standard one of the moment.

[Percy P]

3 hours ago, Stevemercer said:

I wish Thailand would rationalise the currency. Replace 20 Baht notes with coins, and get rid of satang coins and 1 baht coins

That would increases the cost of living,