FAKE NOTES
WHAT TO DO IF YOU RECEIVE FAKE NOTES FROM AN ATM
Published By Livemint | 28 Mar, 2023
Do not panic
Try to remain calm and deal with the situation logically
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Don't recirculate
Knowingly circulating fake currency is a crime under Section 489C of the IPC
Identify
Identify the fake note by looking at distinctive features like watermark and color-shifting ink
Security guard
Inform the security guard at the ATM about the fake currency you noticed
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CCTV camera
Hold up your fake notes in front of the CCTV camera for proof
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Approach your bank
Keep your transaction receipt handy and approach your bank to replace the fake currency
Responsibility
Banks have a responsibility towards replacing the fake currency as early as possible
Credit : Mint_print
RBI
If your bank refuses to replace the fake currency, you can file a complaint with the RBI
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