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Instructions provided by CBK on dealing appropriately with potential counterfeit banknotes

Central Bank of Kuwait (CBK) advises on identifying potential forged banknotes through a new blog entry on their X account. This undertaking is a continuation of the Bank's dedication to fostering financial education and upholding the shared duty of preserving the country's currency. The post...

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Kuwait's Central Bank (CBK) publishes an advisory on its X account today, providing advice on...
Kuwait's Central Bank (CBK) publishes an advisory on its X account today, providing advice on identifying and handling potential fake banknotes. This move is part of the Bank's continuous efforts in enhancing financial awareness and strengthening the collective efforts to protect the country's currency. In this post, the CBK...

Catching Counterfeit Kuwaiti Dinars: A Guide to Identifying and Spotting Fakes

Instructions provided by CBK on dealing appropriately with potential counterfeit banknotes

Hey there! Ever wondered how to verify if a Kuwaiti dinar note is the real deal or a counterfeit? Well, fret not, because the Central Bank of Kuwait (CBK) has got your back. They recently shared an informative post on their X account to help you spot those fake notes and safeguard our national currency.

This initiative is a part of the CBK's constant efforts to promote financial awareness and foster collective responsibilities towards protecting the integrity of our Kuwaiti dinars.

So, what's the deal? The CBK encourages you to carefully inspect banknotes during regular transactions. They implore the public to stay vigilant to maintain the essence of our national currency.

Now, what should you do if you suspect a note is not authentic? Hold your horses, don't use it or pass it around. Instead, bring it to the nearest local bank branch or the Central Bank's banking hall. There, experts can assess and verify the legitimacy of the note.

Want to know more about the sixth edition of the Kuwaiti dinar banknotes and their advanced security features? Here we go!

  • Watermark: A hawk's head can be seen when you hold the note up to light. Counterfeits often lack this or have poorly replicated watermarks.
  • Wave Pattern: The front of the note displays a wave pattern that changes color when you tilt it.
  • Security Thread: The back of the note boasts a color-shifting security thread that changes shine and hue with movement.
  • Raised Printing: There are raised elements that can be felt by touch for added security.

Remember, the CBK is always vigilant in maintaining the quality and security of Kuwait's banknotes. They encourage everyone to stay informed and remain cautious while handling our hard-earned cash.

Pro Tip:

  • Check for Watermarks: Authentic notes have watermarks that reveal a hawk's head when held up to light. Fakes often miss this detail.
  • Security Threads: Look for security threads that glow under UV light. Check if they work as expected.
  • Holograms: Some notes have holographic strips or foil patches that should reflect and change color when viewed from different angles.
  • Color-Shifting Ink: Certain areas may have color-shifting ink that changes color when tilted.
  • Raised Printing: Feel for raised printing, particularly in numerals or security features.

In the guide to identify counterfeit Kuwaiti Dinars, the Central Bank of Kuwait (CBK) has emphasized the importance of checking banknotes during regular transactions to maintain the integrity of our national currency, which falls under the broader aspects of finance and business. If a note is suspected to be fake, it should not be used or passed around but brought to the nearest local bank branch or the Central Bank's banking hall for expert verification.

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