Counterfeiting is the act of manufacturing fake or altering genuine currency. According to historical evidence, counterfeiting currencies has been taking place for as long as money has existed. It’s also one of the oldest techniques used by frauds to cheat unsuspecting individuals.
To prevent such scams and illegal activities, banknotes from around the world all have specific varying elements that fall under the security features printed on them. The purpose of these security features is to reduce the chances of the banknotes being fraudulently counterfeited.
Stay vigilant with QNB and stay protected against counterfeit currencies by being aware of the main characteristics of the currencies.