How it works:
- Latest (in July 2019): we have received on the ground reports that this is becoming a problem in Beijing. Tour operators have given us feedback that their clients have been getting caught out by this.
- Situation: fake 50 and 100 yuan notes in circulation – some even given out by ATMs!
- Version 1: rogue cashiers may swap your real 100 yuan note into a counterfeit and ask you to pay again.
- Version 2: cashier claims not to have enough small change. He then asks you to pay more so he can return a larger counterfeit 100 yuan note as change.
- Version 3: returning Vietnamese dong instead of Chinese yuan as they look similar. Note that 1 Yuan = 3000+ Vietnamese Dong.
Places to beware:
What to do:
- Real note:
- Smooth and crisp and when placed under a UV light, should not glow.
- The serial number and characters on the top left corner should also be clear.
- Note handling:
- To be safe, withdraw money only at controlled environments such as at the bank.
- When paying, watch carefully how the cashier manages your bills.