Be Aware of Counterfeit Bills (2024)

Be Aware of Counterfeit Bills (1)

Be on the alert for counterfeit bills potentially being exchanged at your business. Bank tellers have seen an increase in counterfeit bills used in area locations the last few weeks.

For $100 bills, you may be used to checking with a marking pen. 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. A fake bill will not turn to black when you tilt the bill. It will stay copper/green.

Read the US Currency guide for detecting counterfeit bills here: Know Your Money (uscurrency.gov)

If you do receive counterfeit currency, bring it to your financial institution for next steps and reporting the currency.

Be Aware of Counterfeit Bills (2024)

FAQs

Be Aware of Counterfeit Bills? ›

Examine the holograms or color-shifting images: Some newer U.S. notes, have holograms or color-shifting images that change when you tilt the bill. Be cautious of irregularities: Look for any irregularities, such as blurred or uneven printing, missing security features, or unusual colors.

How do I make sure my bills are counterfeit? ›

How can you tell if money is fake?
  1. Check for color shifting ink. ...
  2. Check for raised printing. ...
  3. Look closely for blurry borders, printing, or text. ...
  4. Look for red and blue threads in the bill. ...
  5. Check the watermark. ...
  6. Check for the security thread. ...
  7. Check new $100's for security ribbon.
Mar 11, 2024

What to do if you suspect you have a counterfeit bill? ›

Report suspected counterfeit currency to your local authorities. Law enforcement agencies, banks and cash processors will submit suspected counterfeit currency to the Secret Service through our USDollars website.

How to check if a $20 bill is real? ›

The $20 note includes an embedded security thread that glows green when illuminated by UV light. When held to light, a portrait watermark of President Jackson is visible from both sides of the note.The note includes a color-shifting numeral 20 in the lower right corner of the note.

What happens if you use counterfeit money without knowing? ›

Can I Be Charged With Using Counterfeit Money if I Didn't Know It Was Fake? Prosecutors must prove that you knowingly created or used counterfeit currency to get a conviction. In other words, unknowingly using counterfeit currency is not a crime.

How to spot fake cash? ›

Feel the paper: Genuine currency is typically printed on special paper that has a distinct texture and feel. It should feel slightly rough to the touch, not smooth or glossy like regular printer paper. Check for watermark: Hold the banknote up to the light to see if it has a watermark.

Which bills are counterfeited the most? ›

The $20 bill is the most commonly counterfeited banknote in the U.S., while overseas counterfeiters are more likely to make fake $100 bills. The real $100 bills are more prevalent overseas as well, according to the Federal Reserve Bank of San Francisco.

What to do if you find $20 on the ground? ›

If you find money, especially a significant amount, you should check your local laws or contact an attorney or the police. Many communities have local laws or ordinances governing what someone must do if they find cash and don't know who it belongs to. In some instances, state law will apply.

Does hairspray work on fake money? ›

When iodine is applied to the unique blend used by genuine US cash, there is no discoloration due to the lack of starch. However, the same effect can be accomplished by using hairspray on commonly used papers since it will create an invisible barrier between the starch and iodine from the pen.

What to do with a fake $100 bill? ›

Write your initials and the date in the white border areas of the suspect note. Limit the handling of the note. Carefully place it in a protective covering, such as an envelope. Surrender the note or coin only to a properly identified police officer or a U.S. Secret Service special agent.

Is there an app to check fake bills? ›

The app's “Denomination Detector” uses your Apple or Android's camera to identify the denomination of the bill you are authenticating. Capture an image of your banknote with either the front-facing or back-facing camera on your mobile device.

How to check if notes are real? ›

Printing. Raised print is used in some of the features on genuine banknotes and should feel slightly rough to the touch. Lines and print should be sharp and well defined with no blurred edges. Colours should be clear and distinct – not hazy.

How to spot fake 20 notes? ›

On the £20 and £50 notes there is a second, smaller window in the bottom corner of the note. Below the main see-through window on the front of all the notes, there is a silver foil patch containing a hologram. When you tilt the note from side to side, the words change between the value of the note and 'Pounds'.

Will banks exchange counterfeit bills? ›

Federal Reserve Banks do not accept deposits of counterfeit or unlawfully altered currency or coin. Depository institutions (DIs) that have questions about where to forward suspect counterfeit currency can visit the "Report Counterfeit Currency" page (Off-site).

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