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Thread: Taxi using currency act to reject payment

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    Default Taxi using currency act to reject payment

    Saw this notice on a PRIME taxi yesterday...is this legal?


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    Member Foxshade's Avatar
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    Default Re: Taxi using currency act to reject payment

    Yes, according to what I read.

    The driver must be an ex-lawyer out of job, or Law student drop out, or law professor kena criminal case and stripped off his/her license?
    Last edited by Foxshade; 11th April 2014 at 12:04 PM.
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  3. #3

    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by Foxshade View Post
    Yes, according to what I read.

    The driver must be an ex-lawyer out of job, or Law student drop out, or law professor kena criminal case and stripped off his/her license?
    i think it all started with some cafe which used the same law to reject 5 cents. read it on stomp.

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    Member Foxshade's Avatar
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    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by cks2k2 View Post
    i think it all started with some cafe which used the same law to reject 5 cents. read it on stomp.
    Oh, ok. One shd never underestimate the power of stomp.
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  5. #5

    Default Re: Taxi using currency act to reject payment

    Interesting... Inspired by this incident perhaps: http://forums.hardwarezone.com.sg/ea...t-4616977.html

    Wonder if the agreement between Prime (or any other taxi operators) and its drivers gives them the freedom to adopt their own individual billing practices and preferences, even if this in itself is legal under the currency act. Are they employees or independent business owners (sole proprietors)? If this practice becomes more widespread, can only make the already confusing fares even more confusing for customers.
    Last edited by kandinsky; 11th April 2014 at 02:02 PM.

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    Moderator Octarine's Avatar
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    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by icceman View Post
    Saw this notice on a PRIME taxi yesterday...is this legal?
    It's legal to put up such notice.
    It would have been better to phrase nicely and polite instead of putting up a pamphlet of this kind.
    EOS

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    Senior Member Kit's Avatar
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    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by Foxshade View Post
    Yes, according to what I read.

    The driver must be an ex-lawyer out of job, or Law student drop out, or law professor kena criminal case and stripped off his/her license?
    He probably will lose that taxi soon too. That will left him with nothing to lose really.

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    Senior Member Kit's Avatar
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    Default Re: Taxi using currency act to reject payment

    in the case of notes and coins of a denomination exceeding, lower or equal to 0, payment shall be waived.

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    Moderator Octarine's Avatar
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    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by kandinsky View Post
    Wonder if the agreement between Prime (or any other taxi operators) and its drivers gives them the freedom to adopt their own individual billing practices, even if this is legal under the currency act. If this practice becomes more widespread, can only make the already confusing fares even more confusing for customers.
    It's not a specific billing practice. It's just unusual that suddenly this section of the Currency Act suddenly pops into the attention of people. I guess some joker has overstretched the patience of somebody else and the predictable knee-jerk reaction is the scream about whether it is legal - instead of using common sense and politeness.
    EOS

  10. #10

    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by kandinsky View Post
    Interesting... Inspired by this incident perhaps: http://forums.hardwarezone.com.sg/ea...t-4616977.html

    Wonder if the agreement between Prime (or any other taxi operators) and its drivers gives them the freedom to adopt their own individual billing practices and preferences, even if this in itself is legal under the currency act. Are they employees or independent business owners (sole proprietors)? If this practice becomes more widespread, can only make the already confusing fares even more confusing for customers.
    Haa...imagine every taxi has it's own payment preference. You'll need to read the notice and check your wallet for the correct cash denomination first before boarding it

  11. #11
    Senior Member edutilos-'s Avatar
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    Default Re: Taxi using currency act to reject payment

    Does that placard constitute "written notice"?

    I suppose so.

    There is a provision in the Currency Act (Section 13) which allow shopkeepers, through a written notice, to specify the denominations of notes or coins that they will not accept as payment for their goods or services. If a shopkeeper does not give written notice to his customers, the shopkeeper must accept the notes and coins as payment. The customer would be deemed to have made payment, even if the shopkeeper does not accept it.

    This provision is to clarify the intent and purpose of the law. The payment for goods and services is essentially a contractual agreement between a buyer and a seller. Before entering into a transaction, both the seller and the buyer can specify how the payment is to be made and both must agree to it. Through a written notice, a seller would be informing potential buyers of how he would like to be paid. If a buyer wishes to go ahead with the transaction, he would have to accept the seller’s conditions in his written notice.
    http://www.mas.gov.sg/currency/learn...our-money.aspx

    Though I must say, I would probably ask the taxi driver what would happen:
    (i) if I expected the fare to be $30, so having a $50 note in my pocket would do;
    (ii)taxi driver was too efficient and the fare was $15;

    What course of action would he then adopt? Unlike the kopitiam case, I won't have known the value of my debt to the payee in this case until the services have been rendered.
    Last edited by edutilos-; 11th April 2014 at 02:41 PM.

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    Member Foxshade's Avatar
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    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by edutilos- View Post
    What course of action would he then adopt? Unlike the kopitiam case, I won't have known the value of my debt to the payee in this case until the services have been rendered.
    I think if approached in friendly manner, the cab driver can be flexible. Most isn't an arse h0le until provoked or has his/her ego bruised.
    A true photograph need not be explained, nor can it be contained in words.
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    Senior Member edutilos-'s Avatar
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    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by Foxshade View Post
    I think if approached in friendly manner, the cab driver can be flexible. Most isn't an arse h0le until provoked or has his/her ego bruised.
    Maybe tomorrow we will find ourselves in cabs that state that they prefer to be paid only in $1,000 notes.

  14. #14

    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by Octarine View Post
    It's not a specific billing practice.
    Why isn't it? Not unlike shops that say "No CC, Nets/Cash only", it's just a step further. Maybe "preferred payment practice" be a more accurate phrase to use?

    Stating "I would not accept as payment... the following denominations of currency and coins..." is an example of someone who is stating their preferred payment practice to their customers.

    What is unusual to me is not that 'this section of the Currency Act suddenly pops into the attention of people', but more because that there's a cabby who has used this section to spell out the denominations he will or will not accept as payment. So it's not unusual that people then want take a closer look at this section to see whether it's really applicable, or being applied mistakenly.

    I think we are all aware that cabbies have good practical reasons (if we were cabbies, we probably would too) to prefer certain types of denominations depending on the size of the transaction needing to have sufficient loose change and yet not be caught carrying too much cash, waste too much time counting coins, etc. Yeah, I agree with you, if both parties would just exercise common sense and understanding, we'd have no need for this.

    Quote Originally Posted by edutilos- View Post
    What course of action would he then adopt? Unlike the kopitiam case, I won't have known the value of my debt to the payee in this case until the services have been rendered.
    Maybe can pay by paypal

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    Senior Member Sion's Avatar
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    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by Foxshade View Post
    Yes, according to what I read.

    The driver must be an ex-lawyer out of job, or Law student drop out, or law professor kena criminal case and stripped off his/her license?
    Or one of his sons is a barrister.

  16. #16

    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by edutilos- View Post
    Unlike the kopitiam case, I won't have known the value of my debt to the payee in this case until the services have been rendered.
    excellent point.

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    Senior Member Sion's Avatar
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    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by icceman View Post
    Saw this notice on a PRIME taxi yesterday...is this legal?

    It doesn't say can't pay with this?


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    Member Foxshade's Avatar
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    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by Sion View Post
    It doesn't say can't pay with this?

    YOu exceeded my expectation. I was hoping to see this:


    Quote Originally Posted by edutilos- View Post
    Maybe tomorrow we will find ourselves in cabs that state that they prefer to be paid only in $1,000 notes.
    No, the denomination is too small...
    Last edited by Foxshade; 11th April 2014 at 03:29 PM.
    A true photograph need not be explained, nor can it be contained in words.
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    Member Foxshade's Avatar
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    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by Kit View Post
    He probably will lose that taxi soon too. That will left him with nothing to lose really.
    That I can't tell. Unless got lots of complaint?
    A true photograph need not be explained, nor can it be contained in words.
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  20. #20

    Default Re: Taxi using currency act to reject payment

    Quote Originally Posted by Foxshade View Post
    Oh, ok. One shd never underestimate the power of stomp.
    Stomp
    OR
    "what humiliating antics are total strangers doing for my amusement"

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