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A new banknote called the “G5 banknote” has become popular on social networks Counterfeit Banknote Series Due to its color, design and safety elements, it is said that “high quality“.
According to some users, the bills have appeared in Latin American countries such as Mexico and Peru, and some Colombians claim that they have arrived in the country.
The Bank of the Republic ruled on the matter and stated:To date, it has not received any complaints related to counterfeit notes in the so-called “G5 banknote” category, nor any type of complaints related to counterfeit notes that are difficult to identify.“.
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In addition, he pointed out that the fake documents that have been identified so far correspond to “Low-quality simulation using techniques known to judicial authorities”, which is considered to be “Easy to distinguish“.
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It is noteworthy that on the basis of the new series of banknotes that the Bank of the Republic has put into circulation since 2016, the latest technologies and new anti-counterfeiting elements that are easily recognizable allow citizens to verify their authenticity and distinguish them from other fake parts.
Therefore, it is recommended to check your bills to avoid receiving fake bills.
How to identify counterfeit banknotes?
The entity recommends a series of steps to identify banknotes:
– Ticket viewing: Through the official portal of the Bank of the Republic, in the “Banknotes in circulation” section you will find all the images of each banknote in circulation, so you can verify that your money has these elements.
– Click for tickets: You should not skip this step because when you touch the banknote you will be able to feel all the relief and texture that makes it original.
– Lift, turn and check: When you flip the note, you will be able to identify it by its denomination if it suddenly changes color. You can also verify the 3D thread this way.
(Via: Why does Banrepública use interest rates as a policy tool?).
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The Bank of the Republic added that a series of actions should not be taken when verifying the authenticity of banknotes, such as using test marks, wetting the banknotes, rubbing them on certain surfaces and scratching them with fingernails, as they could cause premature damage to the monetary species.
Regarding the “G5 banknotes”, the entity stressed that the significant difference compared to the original banknotes is that Using raw materials and commercial printing systems, we strive to give the fakes a real look.
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Please note that articles 274 and 275 of the Colombian Penal Code criminalize counterfeiting and trafficking in counterfeit currency, making it imperative that you report these acts to the authorities.
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