Sunday, April 14, 2024

Money call


Share post:

Check your money carefully!

That’s the message the Central Bank of Barbados has for all Barbadians this Christmas season.

The bank was responding yesterday to claims on social media that counterfeit Barbados $20 notes were in circulation.

Store owners were also advised to not only bring in any counterfeit notes used in business transactions but also report it to the Fraud Squad of the Royal Barbados Police Force.

Deputy Director of Currency at the Central Bank, Octavia Gibson, said no real increase in fake notes had been seen in spite of the social media activity but reminded Barbadians how they could avoid being duped.

“While we have not recorded an uptick in the number of fake notes so far this season, we know that at times of the year when there is an increase in cash in circulation, there can also be an increase in counterfeiting,” Gibson said. “That is why we issue advisories at Christmas and Crop Over.”

Subscribe now to our eNATION edition for the full story.

For the latest stories and breaking news updates download the Nationnews apps for iOS and Android.



Please enter your comment!
Please enter your name here

Related articles

New route gets thumbs-up

Some bandleaders have given the new route for this year’s Grand Kadooment parade a passing grade. The new route was announced...

US shoots down Iranian drones bound for Israel

The US has shot down Iranian drones headed to Israel after Iran launched its retaliatory attack early on...

Iran launches retaliatory strikes toward Israel

Iran has launched a wave of retaliatory strikes toward Israel, fueling fears of regional escalation following an apparent Israeli attack...

T20 World Cup trophy in Barbados

The countdown to the start of the 2024 the ICC Men’s T20 Cricket World Cup continues. Today marks 50...