How can you tell counterfeit Philippine money?

How can you tell counterfeit Philippine money?

LOOK

  1. Watermark: The face of the bill should be present on the right side of the banknote as a faint shadow.
  2. Security Fiber: The paper used for printing money is blended with other fibers and textiles for a sturdier finish that is difficult to replicate.

How can you detect counterfeit money?

8 Ways to Spot Counterfeit Money

  1. Color-shifting Ink.
  2. Watermark.
  3. Blurry Borders, Printing, or Text.
  4. Raised Printing.
  5. Security Thread with Microprinting.
  6. Ultraviolet Glow.
  7. Red and Blue Threads.
  8. Serial Numbers.

What is the #1 way to detect counterfeit money first?

The watermark is one of the most obvious security features of a paper banknote. When held up to the light an image can be seen in the paper, usually a portrait similar to that printed on the note.

How can you tell if 500 pesos is real?

On the front left of the PHP 500 and PHP 1000 bills, check if there is a circular hologram patch on the front left. Make sure it changes colors when you tilt it. Since it is an OVD or an optically variable device, one cannot replicate or reproduce it accurately by any means.

How do banks check for counterfeit bills?

Banks have strict security measures in place to detect fake money. First, they can spot it at the time of deposit and confiscate it so that it does not circulate among the public. Bank employees are trained to identify fake money through different security features of the bills.

What should I do if I receive fake money in the Philippines?

MANILA, Philippines–‎ If you happen to receive counterfeit money, be smart; turn it over immediately to police to avoid trouble. The Philippine National Police on Thursday said authorities are now applying the “last-touch principle” due to the proliferation of counterfeit notes.

How can you tell if a Philippine Bill is fake?

If the color smudges and the bill starts tearing, it could be a sign that the money you have is fake. Also, try to scratch the bill. If the printing smears or shows any sign of damage, it could be counterfeit. 5. Check for the Watermark One security feature that Philippine paper bills bear is the watermark.

Where can I buy a counterfeit money detector?

Purchase counterfeit detector pens at most large retailers or office supply stores. They generally cost around $5 and can check up to 3,000 bills. Run notes through a detector machine. If you work with a lot of notes, you may want to consider getting a machine that detects counterfeit bills.

What’s the best way to identify a counterfeit bill?

Realize that a detector pen may leave a pastel mark on an authentic bill and that it will fade within a day. This can help you identify which bills you’ve checked. Purchase counterfeit detector pens at most large retailers or office supply stores. They generally cost around $5 and can check up to 3,000 bills. Run notes through a detector machine.

Is it against the law to pass counterfeit money?

As a result, almost anyone can fall prey to counterfeit bills and either lose money or be in legal trouble because passing fake money is against the law in many countries. But by examining and comparing bills or using devices that detect fakes, you can identify counterfeit money.