Validate your money with a counterfeit detecting machine
Nov 01, 2007
WITH the recent report published about money counterfeit flooding the market, one requires a counterfeit detector. <br>Daniel Nsibambi, the communications manager of Stanbic Bank, says: “Using a counterfeit detector is the best way to track counterfeit notes in circulation and get rid of them.â€
By Agnes Kyotalengerire
WITH the recent report published about money counterfeit flooding the market, one requires a counterfeit detector.
Daniel Nsibambi, the communications manager of Stanbic Bank, says: “Using a counterfeit detector is the best way to track counterfeit notes in circulation and get rid of them.â€
Nsibambi adds that apart from the banks and forex bureaux, the machines are ideal for people with personal businesses.
Juliet Asiimwe, the manager of Wills Pregnant Boutique on Cham Towers, says that using a counterfeit detector is convenient and time-saving as opposed to using your eyes and natural light to check for counterfeit notes.
The detector is an electronic gadget that has , an inbuilt counting speed variations and a password protection option.Most of those on the Ugandan market are the De la Rue brand.
Some machines in are single purpose, they only validate while others are multi-purpose; they can validate and count notes at the same time.
“We have got counterfeit detecting machines in different sizes to cater for different businesses such as banks, forex bureaux, hotels, petrol stations and supermarkets,†says Denis Waisadha, the assistant consultant in security equipment at The Copy Cat Uganda Limited on Jinja Road.
Waisadha adds that although some people use the natural bright light and the ordinary ultra violet light to detect ultra violet ink and watermarks, it is not the best way especially if the notes are worn out.
When placed in the detector, the marks become visible under the ultra violet light or the watermark light thus making it easier to identify the fake notes.
Waisadha advises businesses that handle money in bulk can go for the multi purpose while those with smaller businesses can opt for the single purpose machines.
The machines can also be used to validate other currencies.
He cautions that the detectorshould be bought from recognised companies.
Counterfeit detecting machines are available at Wills Pregnant Boutique on Cham Towers and Copy Cat Limited Uganda on Jinja Road. Prices of single purpose detectors range from sh200,000 to sh300,000 while the multi-purpose cost between sh3m to sh8m.
WITH the recent report published about money counterfeit flooding the market, one requires a counterfeit detector.
Daniel Nsibambi, the communications manager of Stanbic Bank, says: “Using a counterfeit detector is the best way to track counterfeit notes in circulation and get rid of them.â€
Nsibambi adds that apart from the banks and forex bureaux, the machines are ideal for people with personal businesses.
Juliet Asiimwe, the manager of Wills Pregnant Boutique on Cham Towers, says that using a counterfeit detector is convenient and time-saving as opposed to using your eyes and natural light to check for counterfeit notes.
The detector is an electronic gadget that has , an inbuilt counting speed variations and a password protection option.Most of those on the Ugandan market are the De la Rue brand.
Some machines in are single purpose, they only validate while others are multi-purpose; they can validate and count notes at the same time.
“We have got counterfeit detecting machines in different sizes to cater for different businesses such as banks, forex bureaux, hotels, petrol stations and supermarkets,†says Denis Waisadha, the assistant consultant in security equipment at The Copy Cat Uganda Limited on Jinja Road.
Waisadha adds that although some people use the natural bright light and the ordinary ultra violet light to detect ultra violet ink and watermarks, it is not the best way especially if the notes are worn out.
When placed in the detector, the marks become visible under the ultra violet light or the watermark light thus making it easier to identify the fake notes.
Waisadha advises businesses that handle money in bulk can go for the multi purpose while those with smaller businesses can opt for the single purpose machines.
The machines can also be used to validate other currencies.
He cautions that the detectorshould be bought from recognised companies.
Counterfeit detecting machines are available at Wills Pregnant Boutique on Cham Towers and Copy Cat Limited Uganda on Jinja Road. Prices of single purpose detectors range from sh200,000 to sh300,000 while the multi-purpose cost between sh3m to sh8m.