BRIDGETOWN, Barbados, CMC—The Central Bank of Barbados (CBB) said Tuesday it is aware of images and videos circulating on social media purporting to show a counterfeit polymer Barbadian banknote.
The CBB said that while it will never confirm the authenticity of any note without first having physically examined it, “some of the security features found on genuine Barbadian polymer notes, such as the transparent window, are visible in the images.
“Rather than being a counterfeit, the note appears to have been damaged, resulting in the holographic image of the Parliament Buildings, usually found on the BDS$20 denomination, no longer being present.”
The CBB said it can confirm that it has received no fake notes from the 2022 polymer banknote series but reminds the public that the notes are not impossible to counterfeit.
The CBB said that, therefore, it is encouraging people to continue to check their money using the security features incorporated into it.
It said in addition to the hologram, these features include a transparent window near the bottom of the note and that the note’s denomination appears in the patterned broken trident on the top right of the note when it is held up to the light.
In addition, the CBB said a raised shape can be seen at the back of the note beneath the large denomination numeral and that the shape varies depending on the denomination, adding that on the BDS$20 note, the shape is a circle.
The CBB said that it is also encouraging anyone with a note it suspects of being counterfeit to take it to a commercial bank or to the Central Bank of Barbados.