COUNTERFEIT K100, K50 BANK NOTES IN CIRCULATION

Sat, 16 Sep 2017 11:58:37 +0000

By Nambela Mwandia

THE Bank of Zambia (BoZ) has warned members of public that it has discovered counterfeit (fake) K100 and K50 notes in circulation.

The bank alerted members of the general public that the Zambia police, working with Bank of Zambia security, have discovered the counterfeits bank notes now in circulation.

The counterfeit were scanned copies of original banknotes bearing various serial numbers and have a smooth surface compared to genuine ones.

“The smoothness of the fake banknotes is furthermore pronounced on the peak pixel, which is a coloured latent image on the front of the banknote, showing a fish eagle’s head/BOZ with tactile embossing and colour shift effects which are visible when the banknote is title and turned,

“Further the windowed holographic security thread, which shows the text BOZ 50/BOZ 100 and a bird in flight which appears as a straight line when a genuine banknote is lifted and viewed against light, or as a broken line when the banknote is viewed normally,”” the statement said  In the counterfeit note, however, these are simple aluminium foils painted on the surface of the counterfeits.

“The general public is strongly urged to be extra cautious when transacting in the two denominations and must closely examine the specified security features and all other security features on these banknotes,” it said Any suspicious banknotes discovered during transactions should be reported to the nearest police station or one of the Bank of Zambia offices either in Ndola or Lusaka.