This SBP video will help you spot fake Rs1,000 note
Web Desk
|
5 Jan 2024
The State Bank of Pakistan (SBP) has shared a video guide to help people identify fake Rs1,000 banknotes due to increased counterfeit notes circulating in the country.
Over the past two years, around 60-70 per cent of detected fake notes were of Rs1,000 denominations.
Law enforcement agencies submitted thousands of counterfeit notes to the SBP for examination.
Notably, there have been no complaints in the last year about fake notes from ATMs, and the SBP has a dedicated email for such reports.
The 2007-issued Rs1,000 note has security features like a Quaid-e-Azam portrait watermark, a window security thread, optical changeable ink, and more.
The portrait of Quaid-e-Azam in national dress is on the note's left side, with a partially integrated window security thread displaying the denomination "1000".
Silver dashes at the thread's head are visible, appearing as a dark line when held against light. Under ultraviolet light, the security thread fluoresces yellow and turquoise. On the note's obverse right side, there's a crescent and five-pointed star surrounded by optical variable ink (OVI) with a color-changing design.
When viewed through light, the note's value figure appears partially on the reverse right top and obverse left top.
Anti-scan and anti-copy line patterns protect the note from scanning and photocopying.
The SBP encourages people to use the provided email to report counterfeit ATMs notes.
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