Police in Derry City are advising business owners and employees to be vigilant following an increase in reports of suspected counterfeit notes.
Police are aware of a number of reports of counterfeit notes circulating amongst local businesses, particularly £50 notes.
It’s important that staff have the right tools and knowledge to detect fake notes in order to protect a business.
There are a number of things to look out for which are detailed below but if you are unsure, 'Know your banknotes' leaflets can be obtained from branches of all of Northern Ireland's main banks.”
• Does the main printing feel raised?
• Can you see a bold and clear watermark when the note is held up to the light?
• Does the note feel crisp and not limp, waxy or shiny?
• Is the print clear, sharp and well defined?
• Are the colours clear and distinct? Compare the suspect note against a note which is known to be genuine.
• Is the security thread continuous when the note is held up to the light?
There are also a number of steps which can be taken to raise awareness among customers and also to deter criminals.
Display clear warning signs stating: - 'COUNTERFEIT CURRENCY CHECKS WILL BE CARRIED OUT'
Ensure store staff are aware of how to examine notes.
Have a policy for your staff to follow on discovery of a counterfeit note. This should include the retention of the note and contacting the police, with a description of the person passing the suspect banknote.