A fake 500 euro bill also confused the bank’s machine, as it was recognized



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Nikola Tanasijevic from the National Bank of Serbia told RTS that this is the most successful counterfeit 500 euro note so far.

“It is characteristic that this denomination was forged for the first time using the gravure printing technique, which is one of the characteristics of the original banknotes,” said Nikola Tanasijevic as a guest at Morning program.

He stated that it is very important that the hidden items that are read by the machines are imitated and that they confuse the machines that read the authenticity of the money, which means that most of the machines claim that they do not recognize the bill as counterfeit.

According to Tanasijevic, the counterfeit appeared for the first time on the territory of Serbia in “Mobi banka” in Belgrade, so the money counting machine stopped working.

“This is the latest type of forgery, it appeared three months ago, it is information from the European Central Bank,” Tanasijevic said, adding that the largest number of counterfeits carry the same number of plates that characterize counterfeits.

The counterfeit banknote confused the machines because, as Tanasijevic pointed out, it is a very high-quality protection knock-off that cannot be seen with the naked eye and has the potential to confuse the sensors on machine tools.

Counterfeiting received top marks

He claimed that the National Bank of Serbia gave counterfeiting a rating of five, which means that counterfeiting is dangerous and very similar to real money.

The police confiscated two counterfeit banknotes in Novi Sad and Sremska Mitrovica, and exchange offices and banks received details indicating counterfeiting.

Borislav Brujuć from the Association of Bureaux de Change stated that when checking the banknotes, it is important to see the quality of the paper, whether the banknote has a thread, the quality of the hologram and the watermark.

It is recommended to change high-denomination banknotes in authorized places.

Money checks only through the police or banks

Citizens cannot personally verify the correctness of the banknote at the National Bank, but Nikola Tanasijevic explained the procedure by which they can do so.

“A citizen has the opportunity to go to the nearest police station and hand over the ticket to a police administration official so that the ticket can be sent to the National Bank of Serbia for examination,” Tanasijevic said.

He added that the second option is to take the bill to a commercial bank and give it to a bank employee in the same way.

As for the dinars, Tanasijevic said that the dinar is often counterfeited, but not because it is not well protected, but because citizens do not control the protection elements of the banknotes when they are received.

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