05/23/2017

Counterfeit Bill Recognition

RECOGNIZING COUNTERFEIT MONEY

As a consumer and retailer, it is very important that you can readily recognize counterfeit money. A less sophisticated thief may print their own money on paper that will react with the counterfeit bill identification pen or not illuminate properly under UV light.  Given today's printers and photo programs, money can be printed to look almost like the real thing.

It is the currency that has been washed and the old ink extracted and re-printed to a higher denomination that makes it more difficult to identify.  That is why it is important that merchants teach their employees how to recognize the safety features in money.  It is recommended that all US Currency be examined for tampering.

I don't mean to suggest that customers carry a UV light or counterfeit recognition pen in their purses or wallets, but be able to recognize money that may be counterfeit.  Often times if the counterfeit bill is not caught at the register it may come to you, the consumer, as change.  

If you don't know the security features of your US Currency, refer to the attached website.

http://moneyfactory.gov/currencyidmobileapps.html

 
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