Attendees at the educational sessions on how to detect counterfeit money.
WILLEMSTAD–The Central Bank of Curaçao and St. Maarten (CBCS), in line with its objective to promote the financial resilience of the community and in view of the holiday spending, organised several educational sessions on how to detect counterfeit money during the past weeks. This was carried out in collaboration with the Curaçao Police and the United States Consulate.
Parties from various sectors which were either invited or responded to the announcements in Curaçao newspapers and on social media, attended these sessions.
During the next month, CBCS will organise similar sessions in St. Maarten. More information on this will follow soon.
CBCS also created a short educational film which provides detailed explanation of the security features of our banknotes. This film also emphasises the fact that you cannot identify swindlers by their looks, but counterfeit money you can – by knowing exactly which security features to look for.
The film, produced in both Papiamentu and English, is aired on local television during the news bulletin. It can also be viewed on the CBCS’s official Facebook page: “Centrale Bank van Curacao en Sint Maarten.”
CBCS is pleased that through these initiatives they can contribute to raising consumer awareness of the security features of our banknotes and, consequently, effectively combat the circulation of counterfeit money.
CBCS said it wants to alert the public to pay attention when accepting banknotes. In case of doubt as to the authenticity of a banknote, the bank strongly advises not to accept that it.
“We would like to remind you once again that it is illegal for any person and/or institution to accept counterfeit banknotes. You are advised to immediately contact the local police if you think you’re dealing with a counterfeit banknote,” said the bank.
The counterfeiting of banknotes and the fraudulent use of counterfeit means of payment are punishable by imprisonment of up to nine years.
Source: The Daily Herald https://www.thedailyherald.sx/islands/83974-cbcs-continues-educational-campaign-against-counterfeit
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