How to Recognize a Fake Bill - PowerPoint PPT Presentation

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How to Recognize a Fake Bill

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Being able to recognize a fake bill is a skill that most don’t think about acquiring but it is a skill that can help you navigate the real risk of receiving fake bills in foreign countries or from disreputable sources. – PowerPoint PPT presentation

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Title: How to Recognize a Fake Bill


1
How to Recognize a Fake Bill
2
  • Being able to recognize a fake bill is a skill
    that most dont think about acquiring but it is a
    skill that can help you navigate the real risk of
    receiving fake bills in foreign countries or from
    disreputable sources.
  • Heres what to watch out for
  • Watch out for tiny exchanges in small, hole in
    the wall, places overseas. It is always safer to
    obtain cash from companies you know and trust.

3
  • Exercise caution especially when the bills are
    in large denominations (for example, 50s and
    100s). It is more common for large denominations
    to be counterfeited rather than smaller bills.
  • Get educated on what to look for in bills that
    may be counterfeit before you go. This includes
    knowing what that countries currency should look
    like. This may seem fairly obvious, but do your
    research before you go to exchange cash. Know
    that colors that the bills should come in, the
    sizes, and even the images that should be printed
    on the bills.

4
  • Some of the warning signs to watch for include
    paying attention to the feel of the paper. While
    this may seem simple, counterfeit bills often
    feel different from real bills. The Canadian
    bills, for example, have sections on their bills
    that feel raised. Compare a real bill with a fake
    bill.
  • Notice the look of the paper. This may be the
    most obvious way to recognize a counterfeit bill.
    Inspect the edges of the bills for any
    irregularities. (Follow this link to learn more.
  • https//www.businessknowhow.com/security/counterfe
    itmoney.htm)

5
  • It is also very important to exercise caution
    when you think youve received a fake bill. Do
    not attempt to return the bills to whomever has
    given it to you. Your safety is never worth the
    value of the counterfeit bill. It is safer to
    note the location of where the bill was given to
    you and to alert authorities instead of
    confronting anyone in the situation.
  • While recognizing a fake bill can save you stress
    and trouble, it is always wise to avoid the
    situation entirely by acquiring your cash from
    companies that you can trust.

6
  • One Canadian owned and operated company has been
    in business for over 30 years and has earned one
    of the best reputations for the best foreign
    exchange fees.
  • Calforex Foreign Exchange has the highest
    standard for counterfeit bill detection. You can
    trust Calforex to not only save you money, but to
    give you peace of mind.

7
  • Calforex Foreign Exchange is known as the best
    currency exchange in Toronto and all other major
    cities in Canada. With over 120 currencies in
    stock and exchange rates way better than the
    banks, Calforex saves you money over the banks
    while providing great service. With locations
    across Canada, we have served Canadians for over
    30 years and look forward to serving you. Visit
    our montreal currency exchange or other branches
    in Toronto, Calgary, Victoria or Edmonton.Check
    out services at https//www.calforex.com
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