Central Banking

UK counterfeit seizures fall for 3rd straight year

The number of counterfeit banknotes in circulation confiscated by the British authorities plummeted by almost a quarter last year. The total face value of counterfeit notes found also fell by a similar degree.

It is the third year in a row that the amount, and the face value of notes, seized has fallen.

The amount of notes seized dropped by 24.5% from 384,000 in 2006 to 290,000. The figure represents 0.013% of the total value of UK banknotes in circulation. Total face value slumped by 23.7% t

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: