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Detecting Counterfeits
Learn to detect counterfeits and keep it out of circulationPreview the first lesson free — get full access to all 31 lessons.
Essential Provider : KnowledgeCity 6 chapters · 31 Lessons · 31m in Arabic, English, Spanish
Course Description
Bank tellers play a vital role in detecting fraud, serving as a frontline defense for the bank. The ability to detect counterfeit forms of currency continues to be a vital skill for all bank tellers. This employee training program teaches bank tellers the fundamentals of counterfeit detection. Additionally, tellers learn the most common security features of most of the world's currencies as well as tools used to detect counterfeits.
What You'll Learn
- Identify the fundamentals of counterfeit currency detection as a frontline defense for the bank
- Recognize the most common security features found in most of the world's currencies, including images, specialized ink, security threads and ribbons, foil, serial numbers, windows, and micro-printing
- Distinguish between counterfeit printing methods such as traditional offset lithography, intaglio and typography printing, and digital printing
- Operate counterfeit-detection tools including counterfeit detection pens, currency counters, 4-way counterfeit detectors, and ultraviolet lights
- Inspect currency and apply compliance procedures for handling, impounding, documenting, and reporting counterfeit notes
Key Takeaways
- Bank tellers play a vital role in detecting fraud and serve as a frontline defense for the bank.
- The ability to detect counterfeit currency is a vital skill for all bank tellers.
- Most of the world's currencies share common security features such as specialized ink, security threads and ribbons, foil, serial numbers, windows, and micro-printing.
- Counterfeits can be produced through methods including offset lithography, intaglio and typography printing, and digital printing, and detected with tools like detection pens, currency counters, 4-way detectors, and ultraviolet lights.
- Tellers must follow compliance procedures for inspecting currency, impounding counterfeit notes, and documenting and reporting them.
Frequently Asked Questions
Who is this course for?
This employee training program is designed for bank tellers, who serve as a frontline defense for the bank in detecting fraud.
What does this course cover?
It teaches the fundamentals of counterfeit detection, the most common security features of most of the world's currencies, counterfeit printing methods, and the tools used to detect counterfeits.
What skills will I gain from this course?
The course develops skills in bank auditing, banking, fraud prevention and detection, teller transactions, and cash handling, and supports Cash Handling Certification and Certified Bank Teller credentials.
What detection tools does the course teach?
It covers counterfeit detection pens, currency counters, 4-way counterfeit detectors, and ultraviolet lights.
Does the course address what to do after a counterfeit is found?
Yes. It covers compliance, inspecting currency, the authority to impound counterfeit notes, and documentation and reporting.
