Fake banknote detector Upgradeable for the new Euro banknotes
The Euro is the common currency of a large group of countries in the European Union, known as the Eurozone. More than 300 million people use euro bills and coins to make their payments in the euro area.
Also, outside the euro area, bills are used for a value between 10% and 15% of the total bills in circulation. Due to its importance and international prestige, it is evident that the currency is attractive to counterfeiters.
Although euro bills incorporate very advanced elements that guarantee their safety and allow them to be easily distinguished from counterfeit bills, it is necessary to remain vigilant. In order to discourage counterfeiting, it is necessary for personnel who handle cash in credit institutions, retail companies, restaurants or other businesses where large amounts of cash are handled to be familiar with euro bills and coins in addition to using certified counterfeit bill detectors.
The genuine bills that show some kind of deterioration, such as dirt, should be sent to a local bank instead of being distributed as it is easier to check the security elements of clean bills.
Finally, before buying a counterfeit bill detector as well as a bill counter, Countermatic recommends you receive professional advice in order to acquire the most suitable bill identification machine for your needs.
FRANKFURT (GERMANY), Jul 19. (EUROPE PRESS) -
A total of 387,000 counterfeit euro bills were withdrawn from circulation in the first half of 2010, a figure that represents a decrease of nearly 13% compared to the amount recovered in the previous six months and the first decline since mid-2006, according to a statement today by the European Central Bank (ECB).
The 50 euro bill was the most counterfeited in the first half, accounting for 42.5% of the total counterfeit bills detected, followed by the 20 euro bill, with 41.5%, and the 100 euro bill, with 12% of the total recovered. The least counterfeited bills were the 5 and 500 euros (0.5%), followed by the 10 and 200 euros (1.5% each).
The majority (more than 98%) of the counterfeit bills withdrawn in the first half of 2010 were detected in euro area countries, only about 1% in EU member states not belonging to the euro area and less than 0.5% in other parts of the world.
The ECB highlighted that the proportion of detected counterfeits remains at "very low" levels in relation to the increasing amount of genuine euro bills in circulation.
