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
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Campaign Focus | Bira AGM, the Budget and Love Your High Street
Bira held it's annual AGM, a record turnout since introducing digital AGMs. It has also been a week of reaction to the Budget and a brilliant success story in Health & Remedy, who claimed the Love Your High Street Award this year.
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High Street Matters Podcast: Stolen To Order
Leading criminologist Professor Emmeline Taylor, Professor of Criminology at City St. George’s, University of London, lifts the lid on the market for stolen goods and why it is now driving the crime.
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Campaign Focus | High street support ahead of the Budget
High streets have been big topics over the last week. With the Budget upcoming, Bira have been discussing in Westminster how the Government can best support high streets.
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Campaign Focus | Meeting with the Metropolitan Police
Bira was invited to meet with senior officers in the Met to discuss retail crime in the London boroughs, where police outlined ongoing plans to crack down on shop theft and dodgy shops.