Not a tourist guide but can SAVE MONEY AND PROTECT yourself from "RISKS"; compliment the good services and feedback the poor performance for improvement! Though China is changing fast but still there are many useful experiences that you need to know for sharing.

Monday, October 1, 2007

How to distinguish the REAL and the FAKE RMB (Renminbi)

How to distinguish the REAL and the FAKE RMB (Renminbi) MONEY Notes

We all face the same problem of how to distinguish other countries’ currency especially the fake money.
As a frequent traveler and tourist, we are always the victim or the target that local people will cheat us by giving the Fake Money Notes. It is because we will only traveling China for a very short time. Many things we do not how to handle without the help of the right local people. We are not used to the local fraud tactics and the customs. When foreigners need help, there are always problems of translation and interpretation. Therefore we have to have the wisdom to protect ourselves from rip off especially in money matters. For preventing your lost, you also have to check the money that you get from the ATM machine.

According to year 2006 information, the ratio of real and fake money is 100:1

When you spend money in China you can see the local Chinese people doing these four simple steps to distinguish your money notes especially the Hundred Dollars Notes (YUAN). The same STEPS that you can use: “See”, “Touch”, “Hear” and “Testing” (一看、二摸、三聽、四測)

Step 1: “See” (看)
Hold the money Note toward the light and you can see the clear watermark and magnetic micro security thread. You can see a fine printing.

Step 2: “Touch” (摸)
Use your fingers to touch the concave lines for hand feel.

Step 3: “Hear” (聽)
Use your finger to flick the money note to hear the money paper in a solid sharp and clear sound.

Step 4: “Testing” (測)
Use the fluorescence lamp to examine the money note with reflected dollars amount. Or simply use your finger nail tip to scratch the money note to see whether the color come out or not. If not the money is real.

Please also refer to the RMB money note features.

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