Counterfeit money is a major problem all over the world, and Canada is no exception. The Bank of Canada has been working hard to ensure that the security features of Canadian banknotes are as difficult to replicate as possible. However, counterfeiters are becoming more sophisticated, and fake bills are becoming increasingly difficult to detect. In this blog post, we’ll provide some key tips to help you identify counterfeit Canadian dollars and protect yourself from being scammed.
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According to the United States Department of Treasury, an estimated $70 million in USD Counterfeit Banknotes are in circulation, or approximately 1 note in counterfeits for every 10,000 in genuine currency, with an upper bound of $200 million counterfeit, or 1 counterfeit per 4,000 genuine notes. American paper currency come in seven denominations: $1, $2, $5, $10, $20, $50, and $100. The United States no longer issues bills in larger denominations, such as $500, $1,000, $5,000, and $10,000 bills.
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The most common Euro Counterfeit Banknote denominations are the €5, €10, €20, €50, €100, €200. At Counterfeit Sales, you can shop all of these denominations in prop money with relative ease, with easy delivery at your door step. Shop with us now at good rates.
Canadian Counterfeit Banknotes can always be distinguished from the original in their texture. If it doesn’t feel right or familiar, it might be a counterfeit.