Bank Negara Malaysia is working closely with police in investigating counterfeit RM100 notes.
This is following messages circulated in social media warning people to be aware of fake RM100 notes that have serial numbers ending with 996.
The central bank said it was aware of the messages.
“These are isolated cases as the number of counterfeit banknotes in Malaysia remains low.
“Our investigation showed that, generally, the counterfeit banknotes were found to be produced in low quality, printed using ordinary colour printers and are easily distinguished from genuine banknotes by using the sense of touch and sight.
“As such, the public should be able to easily identify any counterfeit banknotes,” Bank Negara said in a statement yesterday.
It said Malaysian notes have the latest security features, making them difficult to forge.
However, it advised the public to remain vigilant when handling currency notes using the “Feel, Look, Tilt and Check” guide; How to check fake new 100 Ringgit.
This includes feeling the paper quality and raised print on genuine notes.
“Paper banknotes are textured and polymer banknotes are made of special plastic. Both paper and polymer banknotes have raised print effects on the portrait of the first Yang di-Pertuan Agong and texts,” said the bank.
It also said consumers could look at the note under a white-light background and observe that the 3D portrait watermark, perfect see-through register and clear window, and the continuous line of security thread are visible.
The public can also tilt the note to inspect the colour change on the hologram strip and security thread.
One can also check the notes using simple equipment like a magnifying glass to inspect the micro text lettering; and the dual-colour fluorescent element, text and logo, and security fibre colour (red, yellow and blue) under ultraviolet light.
“Members of the public are required to lodge a police report immediately if they have received any banknotes suspected to be counterfeit,” said the bank.
The public can also download the bank’s My Ringgit Mobile App from Apple Store and Google Play Store to know more about Malaysian currency notes.
Source: The Star
