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time December 31 2015
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Home Knowledge Articles This new app by SBP enables you to detect fake currency notes

This new app by SBP enables you to detect fake currency notes

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In Pakistan, the issue of fake currency notes is quite intense. Thousands of fake notes ranging up to Rs. 5000 are there in the market. State Bank of Pakistan keeps warning the people about these fake notes in public awareness messages. Now, SBP has taken an effective measure to bring awareness among the people regarding fake notes.

As smartphones have reached hands of every individual, SBP has therefore launched a useful app. This app enables you to identify counterfeit currency notes. The app lists the characteristics of original notes. You can, then, compare them with the one in your hand to check out whether it is fake or not.

After installing the app, you will be required to choose a currency note. You can make selection of 10, 20, 50, 100, 500, 1000 and 5000 rupees note. The app will thereafter list the signs indicating the genuine currency notes. Or, you can also get an image of the original currency note with UV mode. The users will be able to see the note from both sides i.e. front and back.

This effective app by SBP has been termed as ‘Pakistani Banknotes’. It is available on both Android and iOS stores. The app is free of cost to download.

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