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Combating counterfeit money by the NAC
The course is aimed at experienced members of the central banks’ anti-counterfeiting units requiring a detailed understanding of techniques for succeeding in the fight against counterfeit money.
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More counterfeit €200 and €500 banknotes in circulation
In the first half of 2023, the Bundesbank withdrew approximately 26,700 counterfeit euro banknotes with a nominal value of just under €2.9 million from circulation in Germany. This was 10% more counterfeit banknotes than in the second half of 2022. The number of counterfeit €200 and €500 banknotes rose in particular. “The incidence of counterfeit banknotes is still low, however. Statistically speaking, there were six counterfeit banknotes per 10,000 inhabitants,” stated Burkhard Balz, the Bundesbank Executive Board member responsible for cash management.
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Counterfeit detection
The counterfeits being spread at present can be detected by checking the security features. In most cases, counterfeiters focus on just one or only few security features. Therefore, it is advisable to check several features.
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New: online courses on cash management
Automation, digitalisation, process optimisation, pandemic preparedness, counterfeit money – all issues that have a bearing on cash management. Our new online courses address these topics and more.
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10 Euro banknote
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More counterfeit money registered than last year
30.01.2023 DE
Around 44,100 counterfeit euro banknotes with a nominal value of just under €2.7 million were withdrawn from circulation in Germany in 2022. There was a 5.2% increase in the number of counterfeits compared with the previous year.
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Main features
The new banknotes retain the basic features of the first banknote series with regard to the motifs and main colours depicted in the stylised windows, gateways and bridges, showing architectural styles from different periods of European history.
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Introduction to cash management
The course is designed for those relatively new to cash management and for professionals who wants to expand their knowledge in this field. It is recommended especially for representatives of developing countries and emerging economies. Participants should have at least some background in cash management.
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More counterfeits in circulation Slight increase in counterfeit banknotes in Germany
In 2022, the Bundesbank registered approximately 44,100 counterfeit euro banknotes with a nominal value of €2.7 million in German payments. The number of counterfeits was thus up by 5.2% on the year.
