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
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 fake 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 fake banknote is therefore very small indeed. In the first half of 2021 some 9,800 fake euro banknotes were intercepted in the Netherlands. In the checks we carried out, only 2 out of the 100,000 notes turned out to be counterfeit.
The number of counterfeit euro banknotes is falling
Fewer counterfeit notes were detected in the Netherlands in the past year. DNB and the banks found an average of 5,000 counterfeit euro banknotes per quarter during checks, which is half the amount compared with previous years. This is partly due to the coronavirus (COVID-19) crisis. After all, the use of cash at points of sale is declining. The €20 and €50 banknotes are most often counterfeited. Read more about the number of counterfeit euro banknotes detected inside and outside the euro area.
Read more about the number of counterfeit euro banknotes on the ECB website.
A suspect banknote? Check it!
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
Cash Operations Department, Logistics & Sorting Section
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? 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.
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
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