How the US Federal Reserve keeps dollar counterfeiting levels low

How the US Federal Reserve keeps dollar counterfeiting levels low

October 3, 2024 – 7:30 p.m.

Monetary fraud is a problem that affects the entire population equally, which is why it is important to take appropriate measures.

In order to avoid all types of counterfeit bills and the appearance of fraudulent dollars, the United States Federal Reserve (FED) takes different measures to strengthen the security of your currency. Among the most important things is the repetitive dissemination of simple methods to check the security measures that each specimen has.

Another alternative is the redesign of the tickets to increase and renew the characteristics that give more difficulties to counterfeiters. In this process, details such as watermarks, metallic ink, government agency seals, and security tapes are added.

dollar bills

This is what the US Federal Reserve is doing to keep dollar counterfeiting levels down.

Between the FED, the Treasury Department and the United States Bureau of Engraving and Printing, different measures are being taken to renew the security of the banknotes and make the work of people who try to make counterfeit currency even more difficult.

Also, the Secret Service deals with Constantly investigate new fake dollar bills to take action and renew designs based on the updates made by counterfeiters. They then send the recommendations to the agencies in charge of design and issuance for eventual renewal.

How to tell if a dollar is fake

The best tools to determine whether a dollar is counterfeit or not are security marks. The most visible and difficult to imitate is the watermark that is located to the right of the portrait and can be seen by exposing the bill to the backlight. In second place is the vertical security tape, with microprints inside that vary depending on the inclination of the bill.

One way to know the steps to verify the papers is to enter the official website of the US state agency that disseminates this information.

Source: Ambito

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