 When a new series of bank notes is introduced, counterfeiters have been known to target the outgoing series. There is currently an increase in counterfeits of paper series notes, so the Bank of Canada is reminding businesses to be vigilant. Checking security features in all notes – paper and polymer – is your best defence against counterfeiting. It’s quick and easy, and a good habit is to routinely check at least two security features. The features of the last several series of Canadian notes are described at www.bankofcanada.ca/banknotes. Remember that counterfeiters rely on cash handlers not checking their money in order to pass their counterfeits. Even the most advanced security features are helpful only if people check them. If you know your notes, you’ll be able to detect a counterfeit at a glance and protect yourself and your customers from fraud. |
