Comprehensive Guide On Fake Note Detection Machine

Comprehensive Guide On Fake Note Detection Machine

You would not believe that cash counterfeiting is one of the oldest crimes because it has been around since the invention of currency. Over the years, fraudsters have been trying to use counterfeit money in place of real cash, and some even get away with it. Unfortunately, this practice has cost businesses and nations billions because fake notes are becoming harder to detect. Although it is still rampant, technology is slowly catching up with the few counterfeiters. Fake note detection machines include new mechanisms to weed out counterfeit cash. Here is a breakdown of how these machines keep the financial system safe.

Table of Contents

Fake Note Detection Machine:

A fake note detection machine also called a counterfeit money detector, is a machine that checks the validity of a banknote. The device has unique features determining whether a particular note is genuine or fake. There are different types of counterfeit money detectors that use multiple verification methods. Some standard techniques include watermark, UV and metal thread detection. 

How Does a Fake Note Detection Machine Work:

Magnetic (MG) Detection

Besides UV, most countries use magnetic inks when printing their paper currencies. Fake note detection machines have MG detection to scan the magnetic abilities of each note to trace the iron particles in ink. Just like UV, MG detection is also effective despite having its disadvantages. Counterfeiters have learnt new ways to use magnetic ink printers to fool MG detectors.

Ultraviolet (UV) Detection

Many financial institutions and central banks use inks with ultraviolet fluorescent phosphors to print paper currencies. Some notes have a vertical fluorescent stripe that is not visible to the naked eye. However, when exposed to UV light, it glows brightly. The UV detection method is a common counterfeit note detection technique in most cash counters because it is simple, affordable and effective.

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Watermark Counterfeit Detection

Some countries and central banks ensure that they print their money with additional watermarks. These watermarks show the authenticity of the notes, and it may not be easy to replicate them. For this reason, counterfeit note detectors can read watermarks and prove their legitimacy. However, most counterfeiters have not used this technology because these watermarks are not visible to the naked eye.

Infrared (IR) Detection

Infrared is a rather uncommon method compared to UV and MG detection. This detection method uses IR inks which counterfeiters still have not figured out a way to replicate. Cameras with IR inks either absorb or reflect infrared light. IR money counters have sensors that detect all types of IR inks, allowing them to identify real currency by denomination and nation. It can also weed out the fakes.

Size Detection

While counterfeit notes might copy everything from the original currency, making them challenging to detect, minor details are easy to miss. For example, different note denominations come in standard sizes that only machines can detect. Each denomination is assigned a specific size, so only a machine can notice the difference. Fake note detection machines can verify the size of the note to determine if it is fake or not. Any slight deviation would flag the note as fake. This feature adds an extra layer of protection to the system.

Colour Spectrum Analysis

Modern money notes are printed using coloured ink, each denomination having a unique weave pattern. In addition, modern counters have spectrum sensors for spectrum analysis to detect counterfeit money. Once scanned, the note will be compared to the original image on the counter’s memory.

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Automatic Counterfeit Detectors

Most fraudsters and counterfeiters use bulk transactions to conceal fake money when making a trade. Therefore, automatic counterfeit detectors make work easier for bank employees. Instead of relying on manual selection to make a judgement call, the rupees counting machine sends an automatic alert. These machines are built with high-end imaging software that accurately detects a note’s exact features and dimensions. Then, they will automatically send the fake currencies to a rejection plate.

Fake note detection machines come in various designs and feature several detection methods to protect against fraudulent transactions. You must consider the amount of money to scan and frequency of use to find the right model to meet your business needs. Investing in a counterfeit detection machine is less costly, and training takes a short time. This is the most practical loss prevention technique for small businesses that cannot use extra security measures.

By Tech Lover Ahmed

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