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We’re reminding everyone to stay alert when selling items through online platforms such as Facebook Marketplace, Gumtree, and other buy/sell apps. There has been an increase in reports of counterfeit banknotes being used to pay for collection‑only purchases. Criminals often target sellers of high‑value or in‑demand items and may attempt to rush the exchange or meet in poorly lit or isolated locations. Please take a moment to read the guidance below to help protect yourself.
How to Check if a Note Is GenuineAll genuine Bank of England notes have built‑in security features. Before accepting cash, take a moment to check: 1. Hologram Image Tilt the note— the hologram should change between words such as £20 / Twenty, £10 / Ten, or £5 / Five depending on the note.2. See‑Through Window (Polymer Notes) Genuine polymer notes have a clear window with detailed metallic imagery.Check the edges— counterfeits often have poor alignment or cloudy plastic.3. Raised Print Run your fingers across the words "Bank of England"— it should feel raised and textured.4. Security Thread or Foil Patch There will be a high‑quality metallic thread or foil patch with fine detail. Counterfeits often look dull or blurry.5. UV Feature Under a UV light, the denomination appears as a bright number.If you regularly sell items, consider using a low‑cost UV detector.6. Print Quality Genuine notes have intricate, sharp lines.Fake notes often look smudged, flat, or slightly blurry.7. Size & Shape Compare with another note if possible— genuine notes have consistent sizing.Counterfeits may be slightly too large or too small.
Protect Yourself When SellingMeet in a public, well‑lit place— preferably with CCTV.Don’t be rushed— take your time checking the notes properly.If a buyer becomes pushy or tries to pressure you, walk away.Consider using bank transfer or secure digital payments instead of cash.Trust your instincts— if something doesn’t feel right, don’t complete the sale.
If You Suspect a CounterfeitDo not return the note to the individual.Make a note of their description and any vehicle details.Take the note to your local police station or branch of your bank as soon as possible.Report incidents through 101 or online reporting channels. |