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FREQUENTLY ASKED QUESTIONS

Below are the most frequently asked questioned by our clients: 

Bill made in imitation so as to be passed off fraudulently or deceptively as genuine; not genuine; forged. counterfeit dollar bills.
Micro-printing can be found around the portrait as well as on the security threads. the bills will glow: the $5 bill glows blue, the $10 bill glows orange, the $20 bill glows green, the $50 bill glows yellow and the $100 bill glows pink. Hold the bill up to a light to check for a watermark.

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One dollar bills generally are not counterfeited because of their low value, and you probably will never encounter one. However, there have been cases of it happening. While a one dollar bill does not have as much security features as other bills, it does still have some
 
Generally speaking, if there is no watermark or the watermark is visible without being held up to the light, the bill is likely a counterfeit.
  1. Close-up of portrait watermark on a $20 bill. ( …
  2. Animation of color-shifting ink transitioning from copper to green on the $20 bill.
 
Hold the note to light to see an embedded thread running vertically to the left of the portrait. The thread is imprinted with the letters USA and the numeral 100 in an alternating pattern and is visible from both sides of the note. The thread glows pink when illuminated by ultraviolet light.
Banks detect the counterfeit, confiscate it, charge the amount to the retailer’s account and call the Secret Service. Johnson, the American Bankers Association executive, said instances of counterfeit money coming from banks are so rare that banks don’t keep track of how many times it happens.
 
The banks use their counterfeit currency detection measures and technologies to determine whether or not the note is genuine. Any fake money encountered is confiscated, and the Secret Service is called in. This keeps the counterfeit money out of circulation.
 
8 Ways to Spot Counterfeit Money
  1. Color-shifting Ink. …
  2. Watermark. …
  3. Blurry Borders, Printing, or Text. …
  4. Raised Printing. …
  5. Security Thread with Microprinting. …
  6. Ultraviolet Glow. …
  7. Red and Blue Threads. …
  8. Serial Numbers.
 
Counterfeiters sometimes collect dollar bills and bleach them to remove the ink. Using an old-style printer, they will print images of a higher-denomination bill on the bleached paper. What is the advantage of bleaching the dollar bill over just printing the higher-denomination bill onto clean paper?
 
The dashed blue strip to Ben’s left? Not a printing goof. It’s actually part of a security feature designed to help tell real $100s from fake ones. Tilt the bill, and designs along the strip change from bells — as in, Liberty Bells — to the number “100,” in moving patterns.
 
Examining Security Features. Hold the bill up to the light. For all bills except $1 and $2 dollar bills, there should be a security thread (plastic strip) running from top to bottom. The thread is embedded in (not printed on) the paper and runs vertically through the clear field to the left of the Federal Reserve Seal.
According to the Federal Reserve of the United States, counterfeit money accounts for less than 0.01 percent of all money in circulation in the United States. This implies that the likelihood of encountering check fraud is 20 times greater than the likelihood of experiencing counterfeit money.
Once a counterfeit note is in your possession, you cannot exchange it for a genuine one. It is also important to keep in mind that knowingly passing one on is illegal.
Around 1 in 10,000 bills is fake

It’s tough to get estimates on how many fake bills there are in different denominations. The most recent figures are from a 2006 report, which found that only 6 percent of counterfeits seized by the Secret Service in the U.S. were 10s, while more than 40 percent were 20s.
The cash-dispensing mechanism has an electric eye that counts each bill as it exits the dispenser. The bill count and all of the information pertaining to a particular transaction is recorded in a journal.
Some vending machines use ultraviolet scanners to measure the glow from a bill to verify it is real. Real currency bills are also printed using magnetic ink. Many vending machines also use a magnetic reader to detect the magnetic signature of a bill to ensure it’s real and determine its denomination.
Self checkout tills are fitted with scanners, a UV light, and other technology that can identify fake dollar bills. This means that it’s likely that the money will be accepted and the store could be alerted that counterfeit bills are trying to be used, whether intentionally or unknowingly.