Beware Of Fake GH¢100 Notes In Circulation

The Bank of Ghana in 19th November, 2019 announced the introduction of new high value denominations of the cedi. These high value notes came into circulation on Monday, December, 2019.

One of the reasons for the introduction of the GH¢100 and GH¢ 200 notes was to ensure customer convenience, reduction in the costs of printing and other currency management processes.

ANYONE WHO BUYS OR SELLS GHANA CEDI NOTES AND COINS COMMITS OFFENCE - BoG

https://bricyboateng.blogspot.com/2020/10/any-person-who-buys-or-sells-ghana.html

An image in circulation on social media is a counterfeit or fake GH¢ 100 note which is slightly different from its original note except that the fake has no Adinkra symbol on it.

Fake GH¢ 100 note below its original with no Adinkra symbol found on it.

The general public is hereby entreated to scrutinize any Ghana Cedi note or coin before accepting them.

Public security features to look out for in the GH¢ 100 and GH¢ 200 notes by BoG.

Original GH¢100 notes issued by BoG.

1. NEW MOTION SURFACE STRIPE (SECURITY THREAD)

It is the wide shiny stripe that runs down the front of the banknote from top to bottom.

2. OPTICALLY VARIABLE MAGNETIC IMAGE (OVMI) - SPARK LIVE

It is a shiny colour changing image of the Adinkra symbols STRENGTH' on the GH¢100 and 'ONLY GOD' on the GH¢200. When the note is tilted, a shiny bar moves up and down the symbols. The colour changes from Gold to Green when tilted.

3. MORE PROMINENT WATERMARK

It is the image of Tetteh Quarshie with a cocoa pod which has been made more noticeable in the plain star area of the banknote. It becomes visible on both sides when viewed against light. The denomination value can also be seen in the watermark.

4. ENHANCED IRIDESCENT BAND AT THE BACK OF THE BANKNOTE

It is a golden bond with gold bars at the back of the banknote that runs from top to bottom. It can be seen more clearly when the note is tilted.

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