De Nederlandsche Bank (DNB) calls on stakeholders in the payment chain to make agreements to ensure that cash remains readily accessible and available in the Netherlands in the next five years. DNB announced this today after outgoing Minister of Finance Wopke Hoekstra had presented...Read more
Fake euro banknotes
Euro banknotes are well protected against counterfeiting. However, there is a very tiny risk that you will come across fake money. Always check whether a banknote is real or fake. We can also examine a suspect banknote for you.
Very few counterfeit banknotes
Euro banknotes are well protected against counterfeiting, thanks to the authenticity features such as the watermark and hologram. The risk of ending up with a counterfeit banknote is therefore very small indeed. In 2021, some 26,100 counterfeit euro banknotes were detected in the Netherlands. In the checks we carried out, only 2 out of 100,000 notes turned out to be counterfeit.
Counterfeit €50 banknotes
In the Netherlands, the €50 note is the most counterfeited note. Since 2015, the number of intercepted counterfeit €50 notes has been falling (see the orange line in the graph). This downward trend has continued over the past two years, in line with the reduced use of cash at points of sale due to the COVID-19 pandemic.
Read more about the nummber of Counterfeit euro banknotes intercepted inside and outside the euro area.
Counterfeits per denomination in the Netherlands
Check your banknote!
The vast majority of fakes are of low quality. These counterfeit notes are easy to recognise. Often, the authenticity features are missing or very poorly copied. You can check yourself whether a banknote is real or fake. For example, check the watermark and hologram with the ‘feel-look-tilt’ method. Shopkeepers can use detection devices for banknote verification.
What should I do if I have received a fake banknote?
Do you suspect a banknote to be a fake? Do not accept it. If you already have, at least do not spend it, because that is punishable by law. You can go to the police if you remember where you got it. If you don't, please contact your bank. You can also contact DNB with a suspicious note or coin. We will examine the money. If it turns out that the money is not counterfeit after all, you will, of course, get the equivalent back.
Asking us to examine the banknote
Do you want us to examine a suspicious banknote? Send us the banknote by post or visit the Cash Desk.
Always fill in the form in full and sign it.
Sending a banknote by post
You can send the money to us together with:
- the fully completed and signed form.
- a copy of your proof of identity
1000 AB Amsterdam
TIP: We strongly recommend that you use registered mail.
Make an appointment if you want to visit the Cash Desk
Would you like to hand in your banknotes or coins at DNB in person in Haarlem? First make an appointment. Please call + 31 20 524 2727 on working days from 09.00-12.00.
Fight against counterfeit money
Obviously, we also work to combat counterfeiting. We do this together with Europol and the national police forces. And with our colleagues from central banks of other euro countries. We examine suspicious euro banknotes and coins. And put all our findings into a large ECB database. We share this data with the police and Europol. They use the information for tracking and tracing counterfeiters. By working together, we can combat the production and issue of fake money.
Consumers from vulnerable groups such as senior citizens, disabled people and those with low digital skills experience a decline in the accessibility and availability of payment services. This seems to be related to the fact that banks increasingly digitalise their services and close branches.Read more
More than three quarters of the Dutch population expect they will still make cash payments five years from now, but 42% think they will do so less often than today. This was revealed by a survey on the use and perception of cash among some 1,000 Dutch citizens, held in February 2021Read more