Wednesday, 30/11/2011 23:47

Counterfeit polymer banknotes tend to decrease

According to statistics of the State Bank of Vietnam, the amount of counterfeit Vietnamese banknotes collected through the banking system and the State Treasury is on a downward trend. Up to now, the counterfeit polymer banknotes can be easily detected by eyes or by hand in checking security features.

The total amount of counterfeit banknotes collected through the banking system and the State Treasury in the first 9 months of 2011 decreased by 12.38% as compared to the corresponding period of 2010, and by 54.24% as compared to the corresponding period  of 2009.

In order to combat counterfeit polymer banknotes, consumers should be aware of the security features of real money and carefully check  banknotes in all cash transactions.

Up to now, the counterfeit polymer banknotes can be easily detected by eyes or by hand  in checking security features such as shadowed image, security stripe, offset printing, ink color change, DOE..., or by slightly stroking either side of the banknotes  beacause counterfeit money made of plastic is easily stretched or torn.

Organizations and individuals are encouraged to access information about Vietnam’s currency in the Banknotes & Coins Column of the SBV Website.

SBV

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