The Central Financial institution of Barbados has responded to circulating photos and movies on social media suggesting the presence of a counterfeit polymer Barbadian banknote.
Whereas the Financial institution refrains from confirming the authenticity of any be aware and not using a bodily examination, it notes that sure safety features in line with real Barbadian polymer notes are seen within the circulated supplies.
Nonetheless, an obvious absence of the holographic picture of the Parliament Buildings, sometimes discovered on the $20 denomination, suggests harm reasonably than counterfeiting.
No incidents reported but, however vigilance urged
To this point, the financial institution has not encountered any counterfeit notes from the 2022 polymer banknote collection, based on CBB.
However, it emphasizes the significance of remaining vigilant, acknowledging that whereas the notes boast superior safety measures, counterfeiting isn’t unimaginable.
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It urges the general public to proceed verifying their foreign money utilizing the included safety features.
Key safety features to confirm authenticity
To help in figuring out real banknotes, the Central Financial institution of Barbados highlights a number of safety features included into the design:
- A clear window close to the underside of the be aware.
- The be aware’s denomination seems within the patterned damaged trident on the highest proper of the be aware when it’s held as much as the sunshine.
- A raised form in the back of the be aware beneath the massive denomination numeral. The form varies relying on the denomination. On the $20, the form is a circle.
- Components of the be aware that fluoresce beneath UV mild.
Immediate motion inspired
The Financial institution urges people who suspect they possess counterfeit notes to promptly report them.
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It advises bringing any suspicious notes to a industrial financial institution or on to the Central Financial institution of Barbados.