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While counterfeit currency is not as prevalent as it once was, it can still be a cause of loss revenue for departments, especially during the holiday season. Banking & Accounting Operations is committed to assisting departments avoid this loss through education. Below are the two main topics covered on this webpage:
– Identifying Counterfeit Currency
– Handling Counterfeit Currency
Identifying Counterfeit Currency
There are three main methods in identifying counterfeit currency:
1. Feel the paper
The US currency has a unique feel such as being slightly rough and not too slick or smooth
2. Tilt the note
Tilt the note for color-shifting ink of the amount from copper to green for denominations $10 or higher
$100 bills has additional features such as 3-D Security Ribbon and the Bell in the Inkwell change from copper to green
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