For independent retailers, knowing how to check banknotes is crucial, as counterfeit notes can not only result in direct financial loss but can also disrupt operations and affect customer trust. Being familiar with the security features of the newer banknotes means that staff can confidently authenticate cash, adding a layer of security for your business and customers.
The Bank of England has shared a free online training module on banknote security features, with the course providing essential guidance on how to identify genuine banknotes quickly and accurately, including a brief quiz at the end to test your newfound knowledge!
Bira members can also join the free Banknote Checking Scheme, which provides up-to-date information on banknote protection and further supports fraud prevention efforts in the retail sector.
Latest Resources
-
Run Hide Tell for retailers - making sure staff and customers know what to do in an attack
With Martyn’s Law coming, retailers should prepare now. Run Hide Tell guidance helps staff and customers act fast in a terrorist attack.
-
Martyn’s Law – what you need to know as an independent retailer (and actions to take)
Martyn’s Law will require some retailers to strengthen emergency procedures and staff preparedness ahead of 2027 implementation.