Do you check it? Only 5 out of 10 Mexicans check if their bills are authentic

2024-05-10 09:23:09

According to the Bank of Mexico (Banxico), Only 5 out of 10 Mexicans check if their bills are authentic, do you check it?

Unfortunately, we can never know if we will get a fake bill or a real one, so it is always necessary review the authenticity of all the money that comes into our hands.

Nevertheless, 5 out of 10 (i.e. half) of the Mexicans, do not check if their bills are authenticso, if you are one of those who do not check it, you could have a fake bill in your wallet.

Only 5 out of 10 Mexicans check if their bills are authentic

During the first quarter of 2024 (January-February-March), the Bank of Mexico retained 35 thousand 927 fake 500 peso billswhich are favorites of counterfeiters.

And, according to the institution, 54% of all the counterfeit bills they have identified correspond to 500 peso bills.

Despite this, it is even more worrying that 5 out of 10 Mexicans do not check if their bills are authenticso they could have a fake one in their wallet without even knowing it.

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These data arise from the quarterly survey of the General Directorate of Administration of the Bank of Mexico, which indicates that only 51.9% of Mexicans do check if their bills are authentic.

500 peso bills are the favorites of counterfeiters (Unsplash)

Do you check it? This way you can check if your tickets are authentic

To verify the authenticity of the banknotes, the Bank of Mexico recommends knowing what the Security elements who own and how to recognize them by sight and touch.

To do this, it is necessary to follow some simple steps that will allow you to review a ticket in just seconds:

1. TOUCH the surface of the bill and feel the touch-sensitive texture and reliefs
2. LOOK at the bill against the light and identify the perfect registration, the watermark, the micro-printed thread, the security thread, the transparent window, the crescent folio, the folios and the hidden number
3. SPIN the banknote and see the color changing element, 3D thread, dynamic thread and multi-color denomination

In case you have a Magnifying glassthe Bank of Mexico indicates that you will be able to identify microprinted texts and linear backgrounds, as well as fluorescence under ultraviolet light.

Finally, If you happen to have a counterfeit bill, do not use it to make payments, well You could be punished with up to 12 years in prison.

2024-05-10 09:23:09