Why Singapore stop issuing the 1000 dollar banknotes?

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为什么新加坡停止发行1000美元纸币?
為什麼新加坡停止發行1000美元紙幣?
Mengapa Singapura berhenti mengeluarkan wang kertas 1000 dolar?
सिंगापुर ने 1000 डॉलर के नोट जारी करना क्यों बंद कर दिया?
சிங்கப்பூர் 1000 டாலர் ரூபாய் நோட்டுகளை வெளியிடுவதை ஏன் நிறுத்த வேண்டும்?
The Monetary Authority of Singapore issued Singapore Dollar banknotes in 10 different denominations, including this 1000 Singapore Dollars banknote (President Encik Yusof bin Ishak). They are part of the current Singapore Dollar banknotes series. The Monetary Authority of Singapore started issuing these 1000 Singapore Dollar banknotes in 1999.
The Monetary Authority of Singapore (MAS) will discontinue the issuance of the S$1,000 note from Jan 1, 2021.
This is a trend in many countries like Canada's withdrawal of the C$1000 banknote the previous decade and the European Central Bank's announcement on 4 May 2016 that they would stop the production and issuance of the 500-euro banknote.
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imo, this 1000 dollar notes are good for opening bank accounts

vigneshwaranbanknotes
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i can still use my 1000 dollar or not after they stop issuing?

chrisderrylim
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It was just a question of time, probably Switzerland will do the same soon, now that the EU is also abandoning the 500 Euro

Burkina