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FIU

Identifying Counterfeit Belize Currency notes

The Central Bank of Belize and the Financial Intelligence Unit has issued an alert  on the circulation of counterfeit Belize currency notes. They have issued a press release with guidelines that will allow the public to recognize counterfeit currency.

The Central Bank of Belize and the Financial Intelligence Unit has issued an alert  on the circulation of counterfeit Belize currency notes. They have issued a press release with guidelines that will allow the public to recognize counterfeit currency. Recognizing the security features will protect the public from fraud committed using counterfeit Belize currency notes. Key Security Features of Belizean Currency Notes include the windowed security thread, Watermark with Electrotype and a see through feature with specific designs. The windowed security thread comes to the surface at regular intervals from top to bottom and the complete thread is only visible when viewed against the light. Underneath the numeric value of the bill is a watermark with the value of each denomination in letters which is located on the front of the bill in the upper right corner. The watermark is the Jaguar on the $100.00 and $50.00 notes and the Sleeping Giant on the $20.00, $10.00, $5.00 and $2.00 notes and can be seen when held up to the light. Any person who suspects that he/she is in receipt of counterfeit currency is urged to call the Belize Police Department. They are also asked to observe the presenter’s features and appearance, such as gender, race, age, height, build, clothing, distinguishing marks or tattoos. It is a criminal offence to reproduce Belize currency notes with the intent to defraud. Persons found guilty of this offence shall, on conviction, be liable to imprisonment for up to 10 years.