Counterfeit money on rise

Real money (above) and counterfeit note (Source :maydemtien.vn)

Hanoi (VNA) – The volume of counterfeit money seized in 2015 through the banking systems and the State Treasury network rose 0.17 percent compared with 2014, and 22.9 percent compared with 2013.

According to the SBV, confiscated false money in polymer notes can be detected by touch and sight through security characteristics such as watermarks, security threads, colour-shifting ink and raised printing.

In an attempt to minimise risks and economic losses caused by counterfeit money, the SBV has recommended people learn about security characteristics of real money, and carefully check all money when making transactions.

For more information on Vietnamese money and ways to determine its authenticity, individuals and organisations are advised to visit the SBV’s website at http://www.sbv.gov.vn.-VNA