How it works:
- There are both counterfeit Mexican pesos (~99 million worth) and USD here, and it is possible to get one of these even from ATMs.
Places to beware:
What to do:
- Real notes:
- Material: $20 and $50 are printed on polymer, the others are on banknote paper.
- Watermark/embossed features: on polymer notes, there is an embossed feature visible through transparent parts. On banknotes, there is a watermark. Shine a light from below and you can see a silhouette image in a clear area of the note.
- Holographic threads: on the front, you can see a distinctive holographic optical thread woven. As you tilt it, the image on this thread changes.
- Printing: by pressing the imagery on a note, you should feel a “raised” feel to the note. The imagery should also be clear and not blurred.
- If you received a counterfeit note:
- From ATM/bank teller: within 5 working days of withdrawal, head to the bank which owns the ATM. Bring your identification and receipt along and fill up a form. You will know the results in 5 working days.
- From shops/others: check when receiving. If you have left without checking, it is too late. In that case you have to take it to a bank to test, and they will issue a receipt for it. If it’s real, they will return it back. If it’s a fake, it will be destroyed.