Associated Security Solutions

Bank of England Encourages Retailers to Check Banknotes: Associated Security Comments

 

Jacksonville, FL -- (SBWIRE) -- 11/23/2016 -- With the Christmas period typically seeing an increased risk of counterfeit banknotes being passed, The Bank of England is urging all retailers to ensure that all banknotes passed in transactions are checked, and also encouraging employees to make sure that their staff members know how to spot counterfeit notes and are aware the procedures that should take place when in doubt. Failing to recognise counterfeit notes can not only result in a business's losing money but also retailers reputations being damaged should they be accidentally passed on to the public.

With numerous security feature checks available to determine whether or not banknotes are real, it is advised to check more than one security feature before accepting a note.

Things to check include:

Paper banknotes
- The watermark
- The feel of the paper and the raised print
- The holograms
- The metallic thread
- The motion thread on the £50 note

The new polymer £5 banknotes
- The see-through window and the portrait of the Queen
- The foil patches
- The Elizabeth Tower (Big Ben) is gold on the front and silver on the back

A spokesperson from a leading security company, Associated Security, was keen to comment saying, "Here at Associated Security we think that it is great that The Bank of England is encouraging retailers to pay close attention to the notes that they receive, especially at this time of year. To assist retailers we also offer a superior range of products that come fully installed with the latest software, including forgery note detectors suitable for companies within many industries. We urge anyone requiring further information or advice to contact our team today."

About Associated Security
Associated Security is an industry leader in the supply, installation and service of sophisticated security products of a wide variety. From cash management solutions to home safes and strong rooms, whatever it is that you're searching for – we are sure that they will be able to assist.

For further information visit their website today: www.associated-security.co.uk

PR Contact:
Company Name: Associated Security Solutions
Address: 25 Addington Street, Manchester, M4 5EU
Contact Person: Richard Taylor
Telephone: 0161 832 2777
Fax: 0161 832 2772
Email: marketing@associated-security.co.uk
Website: www.associated-security.co.uk