The Guide to CNY New Notes 2022

The Guide to CNY New Notes 2022
No matter how much we want Covid-19 to end, it seems too attached to us, coming as different variants. So, with this new rise of corona and stronger preventive measures in place, some changes have come in the regular Chinese New Year celebrations. One of the most common and loved gifts (especially by kids) is the red envelopes. While the envelopes and their colour have a traditional significance, it's their content that matters to children more. Since getting new and crisp banknotes is an absolute necessity, it is highly unlikely for folks not to stand in the long queues outside banks. [caption id="" align="aligncenter" width="552"]Red Envelope Img credit: chineseamericanfamily.com[/caption] To avoid and encourage fewer people to step out of their homes before the New Year, banks like DBS, UOB, Maybank, Standard Chartered, and OCBC have opened online reservations for the banknotes. In lieu of the guidelines for CNY celebrations, the Association of Banks in Singapore has opened an online portal for reservations. It is mandatory for people to get a reservation to get their hands on the coveted notes.

Are there any exceptions? 

Yes of course! People who are above 60 years of age or have a disability can skip the reservation part. They are allowed to come to the banks and collect the new notes 2022 in person. Guide to CNY New Notes 2022 - FNP Although, it is recommended that such individuals apply through the reservation to avoid any discomfort of long queues. To make the preparations for CNY 2022 during the pandemic easier, banks like DBS/POSB and UOBhave installed numerous ATMs all over Singapore. However, there is a limit to the withdrawal each customer can make. You can make a maximum of three withdrawals from 11th Jan to 31st Jan.

What is highly recommended of people?

While we live in a digital world, it does not make sense to celebrate festivals, especially Chinese New Year virtually only. However, some activities can help reduce the spread of covid islandwide and lead to a sustainable celebration. It is encouraged of folks to use an online payment portal like PayNow in place of giving hard cash. While this is an unconventional way of observing the festival, it is a sensible and safe way to celebrate CNY 2022 during the pandemic. Nonetheless, those who are opposed to the idea of letting go of a tradition can choose another method. The second answer to how to celebrate Chinese New Year is by giving the old notes (which are clean and crisp) instead of withdrawing money from banks and ATMs. This method is in line with the tradition, even if just partly. So, here is the complete guide on how to celebrate the Chinese New Year in Singapore with caution and care. The issuance of new notes 2022 will happen as usual but out of safety, it is recommended you switch to alternate methods. Also, keep the guidelines for CNY celebrations in mind while having a blast on 1st February.

About the author

Gurnika Talwar

Gurnika Talwar is FNP’s marketing and creative content writer and has been with the firm since 2020. She is based in Delhi, India and has been in this field for 2+ years.
She started her journey as a freshman but since then has created content on several mediums. With blogging on gift ideas, food, gardening tips and whatnot as her primary goal, she has also curated content for social media and brand films. As a storyteller, she creates original, genuine, and relatable content to connect with the mass. Besides work, you’ll find her chit-chatting about movies or making sarcastic jokes.