Below is a guide on what to look out for on each of the bank of canada s polymer bank notes to ensure that they are in fact cold hard canadian cash. An important security feature on canadian bills is distinct areas with raised ink.
In other words there s no reimbursement.
How to identify counterfeit canadian money. In general for most newer series banknotes it recommends checking for difficult to counterfeit features such as a hologram in the otherwise transparent window of the bill raised ink in places. Canadian bills are printed on a special polymer paper that feels. They have the same innovative security features that can be seen in transparent areas on both sides of the notes.
Any individual who knowingly or not accepts a counterfeit bears the loss. Counterfeit bills have been reported to feel more like paper. Small leaf transparent window.
Genuine money has a distinctive texture. Canada has been fraught with fraudulent bills recently so it s important to know how to tell if your canadian bills are real or not avoid getting saddled with fake cash by knowing what to look for. It s the same in any country.
You should see a. The new 100 50 and 20 polymer notes are easy to check and hard to counterfeit. If you can feel the raised edges or the sticker is peeling off the note is counterfeit here s how you can spot counterfeit bills before they end up in your till.
Acquaint yourself with the typical feel of 50 notes as well as the other denominations to make sure you know how a bill is supposed to feel so that you ll have a point of comparison. The impact of counterfeiting on canadians. If you know your notes you ll be able to detect a counterfeit at a glance and protect yourself from fraud.
Tl dr with an upswing in counterfeit cash in.