Discussion to stop use of US $1, $2 and $5 notes

Electric Earth · Post by **Electric Earth** » Fri May 29, 2020 5:49 am

Yerg wrote: ↑Fri May 29, 2020 4:39 am Despite my 3 USA trips and couple of years in PP, I’ve never seen nor handled a $2 bill. Before this, if one had been handed to me, I’d have thought it was fake

Yeah, we don't even use $2 in the states. I'm usually surprised on the rare occasion that I get one as change or something. You can go get them at the bank, though, if you really wanted one for a souvenir or something next time you visit. The only reason they keep them in print is because they say otherwise all of the older $2 would become worth more than $2. They should just ditch them, along with the useless and annoying penny, probably the nickel, and maybe even the dime.

Duncan · Post by **Duncan** » Fri May 29, 2020 5:59 am

Electric Earth wrote: ↑Fri May 29, 2020 5:49 am
Yerg wrote: ↑Fri May 29, 2020 4:39 am Despite my 3 USA trips and couple of years in PP, I’ve never seen nor handled a $2 bill. Before this, if one had been handed to me, I’d have thought it was fake
Yeah, we don't even use $2 in the states. I'm usually surprised on the rare occasion that I get one as change or something. You can go get them at the bank, though, if you really wanted one for a souvenir or something next time you visit. The only reason they keep them in print is because they say otherwise all of the older $2 would become worth more than $2. They should just ditch them, along with the useless and annoying penny, probably the nickel, and maybe even the dime.

Along with outdated things like Checks / Cheques. Who in their right mind would accept a bit of paper promising to give money when you take it to a bank, when you can get that money directly paid into your bank account using internet banking.

Foreigner · Post by **Foreigner** » Fri May 29, 2020 6:22 am

Duncan wrote: ↑Fri May 29, 2020 5:59 am
Electric Earth wrote: ↑Fri May 29, 2020 5:49 am
Yerg wrote: ↑Fri May 29, 2020 4:39 am Despite my 3 USA trips and couple of years in PP, I’ve never seen nor handled a $2 bill. Before this, if one had been handed to me, I’d have thought it was fake
Yeah, we don't even use $2 in the states. I'm usually surprised on the rare occasion that I get one as change or something. You can go get them at the bank, though, if you really wanted one for a souvenir or something next time you visit. The only reason they keep them in print is because they say otherwise all of the older $2 would become worth more than $2. They should just ditch them, along with the useless and annoying penny, probably the nickel, and maybe even the dime.

Along with outdated things like Checks / Cheques. Who in their right mind would accept a bit of paper promising to give money when you take it to a bank, when you can get that money directly paid into your bank account using internet banking.

that's all that cash is too isn't it ?

khmerhamster · Post by **khmerhamster** » Fri May 29, 2020 6:42 am

Username Taken wrote:
phuketrichard wrote: ↑Thu May 28, 2020 4:56 pm very stupid idea UNLESS their trying to get people off the $ to the riel
buy something for $2 and give them a $10 and u get back 32,000 +- reil
If they give back 32,000 riel, that could be 4 notes (3 x 10,000 and 1 x 2,000)

If they give back $8, that could be 4 notes (1 x $5 and 3 x $1)

Where's the problem?

Alternatively give. 20,000 riel note and you are down to 3 riel notes.

Marty · Post by **Marty** » Fri May 29, 2020 7:32 am

John Bingham wrote: ↑Thu May 28, 2020 4:48 pm Stopping the use of $2 notes is going to have a huge effect.

The $2 bill with Jefferson on it is my second favorite. My favorite is the $3 with Clinton on it.

Kammekor · Post by **Kammekor** » Fri May 29, 2020 7:36 am

Yerg wrote: ↑Fri May 29, 2020 4:39 am Despite my 3 USA trips and couple of years in PP, I’ve never seen nor handled a $2 bill. Before this, if one had been handed to me, I’d have thought it was fake

Whenever a Cambodian owns a 2$ bill he / she'll keep it for good luck. These hardly circulate in Cambodia.

Marty · Post by **Marty** » Fri May 29, 2020 7:40 am

Bring a bunch over next time. Good way to make Cambodian friends.

Marty · Post by **Marty** » Fri May 29, 2020 7:43 am

Foreigner wrote: ↑Fri May 29, 2020 6:22 am
Duncan wrote: ↑Fri May 29, 2020 5:59 am
Electric Earth wrote: ↑Fri May 29, 2020 5:49 am
Yerg wrote: ↑Fri May 29, 2020 4:39 am Despite my 3 USA trips and couple of years in PP, I’ve never seen nor handled a $2 bill. Before this, if one had been handed to me, I’d have thought it was fake
Yeah, we don't even use $2 in the states. I'm usually surprised on the rare occasion that I get one as change or something. You can go get them at the bank, though, if you really wanted one for a souvenir or something next time you visit. The only reason they keep them in print is because they say otherwise all of the older $2 would become worth more than $2. They should just ditch them, along with the useless and annoying penny, probably the nickel, and maybe even the dime.

Along with outdated things like Checks / Cheques. Who in their right mind would accept a bit of paper promising to give money when you take it to a bank, when you can get that money directly paid into your bank account using internet banking.
that's all that cash is too isn't it ?

Yes cash. But a slight risk in that cash vs gold or silver. Depends on who backs the promissory debt note.

CEOCambodiaNews · Post by **CEOCambodiaNews** » Fri May 29, 2020 9:20 am

National Bank of Cambodia: $1, $2, and $5 Notes to Circulate as Normal
29/05/20 09:12

Phnom Penh (FN), May 28 – National Bank of Cambodia (NBC), on Thursday afternoon, issued a press release stating that the USD 1, USD 2, and USD 5 notes are still circulating in Cambodian market.

The NBC gives a period of three months to banks and micro-finance institutions from 1 June 2020 to 31 August 2020 to bring all the USD 1, USD 2, and USD 5 notes to NBC for exports with free of charge.
=FRESH NEWS

fsdfdsdf · Post by **fsdfdsdf** » Fri May 29, 2020 3:06 pm

I cant see why they would do this, unless they are running out. how do they get the US cash? is the US buying things by trading them for suitcases of $100 notes?

Discussion to stop use of US $1, $2 and $5 notes

Re: Discussion to stop use if US $1, $2 and $5 notes

Re: Discussion to stop use if US $1, $2 and $5 notes

Re: Discussion to stop use if US $1, $2 and $5 notes

Re: Discussion to stop use if US $1, $2 and $5 notes

Re: Discussion to stop use if US $1, $2 and $5 notes

Re: Discussion to stop use if US $1, $2 and $5 notes

Re: Discussion to stop use if US $1, $2 and $5 notes

Re: Discussion to stop use if US $1, $2 and $5 notes

Re: Discussion to stop use if US $1, $2 and $5 notes

Re: Discussion to stop use if US $1, $2 and $5 notes

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