Comments on: Banks Giving Out Counterfeit Bills Now?

By: Ashley @ Wide Open Wallet

Ashley @ Wide Open Wallet — Thu, 24 Jul 2008 02:31:33 +0000

Wow… that stinks. Another reason not to use cash. wow.

By: Mrs. Micah

Mrs. Micah — Thu, 24 Jul 2008 00:26:44 +0000

Wow. I sometimes wish I had one of those pens (that worked) at the library. Because people occasionally pay the larger fines in large denominations. So I’ll take a $100 bill if a) the fine is well over $50, b) I have change, and c) there’s less than 1/2 hour until closing (I’m allowed to ask for a closer amount if I can’t make change or won’t have any change left…because my cash drawer is really pathetic at the start of the day. libraries.).

I know I wouldn’t be blamed, but it’s certainly awkward to go through the whole checking for a watermark, looking at the paper, etc. All I know about counterfeiting is what I’ve seen on tv or read about in books when I was a kid. It’s not something one prepares for in a library career.

By: Kristin

Kristin — Thu, 24 Jul 2008 00:12:04 +0000

I recently accepted $1500 in cash from the sale of an item that I had listed on craigslist. I was kicking myself for not getting a counterfeit bill detector pen prior to the transaction. I then deposited the money at my credit union. I expected the teller to check each one of the one hundred dollar bills, but to my surprise she simply counted them out twice and stuffed them in the drawer. I sighed in relief!

By: david

david — Thu, 24 Jul 2008 00:08:02 +0000

Good one Gary….so very true.

By: Gary

Gary — Wed, 23 Jul 2008 23:31:07 +0000

I guess carrying a pen would be good, as long as you didn’t get them for Wachovia. There’s are obviously malfunctioning.

By: david

david — Wed, 23 Jul 2008 16:38:45 +0000

Yea, but what do you do if they give you counterfeit bills? I guess we should all be carrying those pens around!

By: mapgirl

mapgirl — Wed, 23 Jul 2008 16:22:33 +0000

If you take a counterfeit bill to the bank in a deposit, they will ask you to replace it with a real bill and then report the counterfeit to the Secret Service.

That’s why cashiers use the counterfeit pens because they don’t want to take a fake bill since the onus is on the business when the deposit is short.

Used to drive me insane having to make a second trip to the bank just to drop off an extra $20.