In recent times, we in Denmark have experienced a significant increase in the number of fake DKK banknotes in circulation at Danish retail stores, with a lot of media coverage as a result.
While it is true that there has been an increase in the number of cases of counterfeit notes recently, it is important to emphasize that the level remains low - both in isolation, but especially when we compare ourselves with other countries. Danish cash is still a safe means of payment.
Many of the new counterfeits are incredibly well made, but there are still security features on the notes that are very difficult to bypass. Some are designed to be read by machines and others can be seen with the naked eye.
Therefore, when receiving cash, remember to use your senses. Feel, listen and look at the note. Be, among other things, pay attention to these elements:
✔ All notes have a watermark. A watermark is something that is created in the paper during manufacturing. The watermark can be seen when you hold the note up to the light. It is quite difficult to reproduce.
✔ The notes have a hologram. It is a metallic element with very fine lines, which reflects the light in all the colors of the rainbow. It is also difficult to fake.
✔ The notes have a copper print, which is made with a very special printing technique. The pressure can be felt with the fingertips. It is also difficult to imitate.
✔ The notes are printed on cotton paper. It is a type of paper that is stiff and has a particularly crisp sound when the note flaps in the air. Most counterfeits are made on plain paper, and here it is usually easy to tell the difference.
If necessary, use a special UV pen or lamp to help ensure the authenticity of the banknote.
In addition to the above, there are a lot of other security elements. You can read more about them here:
DR recently published an article which illuminates the problem in more depth. The article can be read here:
As always, you are welcome to contact Loomis if you have any questions or need further input.