Tips to Avoid Counterfeit Currencies (2024)

FAQs

How can I avoid counterfeit money? ›

Compare with a genuine note: If you suspect a bill may be counterfeit, compare it with a known genuine note of the same denomination and series. Look for differences in design, size, and security features.

Today US currency is made with many important security features, which allow the user to check the authenticity of a note. Watermarks, security threads, color-shifting ink, special paper, signatures, the US Seal, and unique numbering all help to determine the authenticity of a note.

The Feds try to prevent counterfeiting with various things. Special paper the bills are printed on. Watermarks on the bills. Changing designs every so often.

In addition, a way to verify a legitimate bill is to double check the 100 in the corner of the bill. The color change of copper/green to black on the 100 in the lower right corner will help you verify an authentic $100 bill.

The $20 bill is the most commonly counterfeited banknote in the U.S., while overseas counterfeiters are more likely to make fake $100 bills.

It only takes a few seconds to check the security features of the $20 note. To know it's real, just feel the paper, tilt the note, and check with light. Hold the note to light to see a faint image of Andrew Jackson to the right of the portrait. The watermark is visible from both sides of the note.

The U.S. Secret Service estimates that North Korea has produced $45 million in superdollars since 1989. They allege that the bills are produced at the Pyongsong Trademark Printing Factory, which is under the supervision of General O Kuk-ryol.

Watermarks are faint images or patterns embedded into the paper, visible when the note is held against light. Security threads are thin, embedded strips running through the note, with intricate details and text visible under light. Counterfeiters may find it challenging to replicate these features.

Who stops counterfeit money? ›

Reporting Suspected Counterfeit Currency

If you are an individual, submit suspected counterfeit currency to your local police department. Police departments, banks, and cash processors will submit suspected counterfeit currency to the Secret Service.

Many modern ATMs are equipped with sophisticated counterfeit detection technology, including ultraviolet light, magnetic ink sensors, infrared sensors, and image recognition software.

Could I receive fake money from an ATM? As we have mentioned, the U.S. Federal Reserve states that the chance of getting a fake bill from an ATM is 0.01%. All banks have a set of security measures in place to detect and confiscate fake money.