When handing a cashier a bill that is larger than a twenty chances are they will look at it to make sure that it’s not counterfeit. They may even mark it with a special marker to double check after a visual inspection. But most people don’t have a special marker to check for counterfeit bills and most simply trust that the money they receive isn’t counterfeit. Here are some tips that can help you identify and avoid getting a counterfeit bill.
It’s always better to learn how to prevent something from happening rather than dealing with the consequences with the aftermath. In order to protect yourself from getting counterfeit bills is to only get larger bills from a bank or financial institution. Smaller bills are much less likely to be counterfeit so only getting these smaller bills means you’re less like to get any faux bills.
When you receive any money from somewhere other than a bank or financial institution be sure to make a few checks right up front. First you will need to feel the texture of the bill and see if it feels normal. Although it may be new and crisp it should have that distinctive feel that money has. If you have another bill of the same series and denomination then compare the two. And you’ll want to check the security features of the bill also. Holding it up to the light will show a stripe on the side that is embedded into the bill. You’ll also need to look for the holographic images that are printed on the bills as well.
Another thing you will want to look for is the stripe where it was marked by a cashier. Almost all stores now will mark larger bills with these markers. If you’re shopping at one of these stores then you’ll want to see that mark on the bill. If there is not a mark on the bill ask the cashier to check it with their marker. The mark should be light in color and not dark. A mark that is really dark means that it could be counterfeit. Simply ask the cashier for another bill if this is the case. After all if you get a counterfeit bill it is worthless to you and you’ll end up losing money. It pays to be careful when it comes to detecting counterfeit money.