Retailers and businesses will be much busier than normal over the festive period and often employ temporary staff, so there is an increased risk of counterfeit banknotes being passed.
During this busy time the Bank of England is reminding retailers and businesses to check that banknotes being passed in transactions are genuine, and to ensure staff know what to do if they suspect a banknote is counterfeit.
Manual checks can quickly and easily be made using the security features on banknotes whenever notes are being passed in a transaction. Dont rely on checking just one security feature, but check a few such as;
The feel of the paper and raised print
The metallic thread
The motion thread on the L50 note
If a counterfeit note is suspected or discovered, you should notify the police in all instances. Please forward this message onto others who might benefit from this advice.
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Free counterfeit prevention advice and training materials for retailers and businesses; including a Banknote App for iOS and Android and two short films can be found at the website