determine if money is fake

How to detect fake peso bills

A few days ago, we talked about an emerging scam tactic wherein a store cashier replaces a buyer’s cash with fake money. When faced with that situation with no evidence to prove that the money was in fact replaced, the buyer has no other choice but to to give the cashier a new one.

One way to prevent this from happening is to confirm before paying that the cash you are using is indeed not fake. For you to do this, we’ve provided below a good guide in determining if your currency is fake or not. Information were provided by the Bangko Sentral ng Pilipinas.

Read More