Attire Accessories - Dec 2017/Jan 2018 (Issue 67)

ATTIRE 71 BANKNOTES 3. Crimestoppers; 4. National Crime Agency (NCA); 5. National Pubwatch; 6. Petrol Retailers Association (PRA); 7. Retailers Against Crime. Victoria Cleland, Chief Cashier at the Bank of England, said, “Retailers and other businesses are the front line of defence against counterfeiting. Counterfeit banknotes are only produced because criminals believe they will find somewhere to spend them and can do so without consequence. We are introducing the Banknote Checking Scheme to make this even more difficult. Don’t let counterfeit banknotes be a cost to your business, your valuable customers or your reputation.” The Bank of England works hard to make its banknotes more resilient against counterfeiting. One example of this is the move to printing the £5 and £10 notes on polymer. Although relatively rare, any counterfeit banknote is worthless. Businesses that do not carry out simple checks run the risk of being targeted by counterfeiters and suffering financial losses. In addition, passing on counterfeit banknotes to the public or other businesses carries the risk of reputational damage. A For more information, or if you’re interested in registering your support for the scheme, please visit: bankofengland.co.uk/ banknotecheckingscheme; T: +44 (0)20 3461 7730; or email: banknotecheckingscheme@ bankofengland.co.uk