Home NewsCrime Fake 500 peso bills in circulation in Yucatán

Fake 500 peso bills in circulation in Yucatán

by Yucatan Times
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The Bank of Mexico (Banxico) warned that Yucatán shows an upward trend in counterfeit banknotes so far this year, especially those of 500 pesos.

Banxico warned this month that in Yucatán the counterfeit bill that reflected the most circulation was the 500 pesos.

Likewise, he released figures for 2023, which indicate that in January Yucatán started with 338 counterfeit bills and ended in December 2023 with 437 counterfeit bills, the highest figure of the year.

Due to this situation, Banxico advises that every time users withdraw or receive cash, they should look carefully at the bills, as this can happen even in the ATMs of the banking houses.

It must be remembered that the 100, 200, 500 and 1000 peso bills are made of cotton paper and have touch-sensitive reliefs, an element that changes color, 3D thread, micro-printed texts, security thread, linear backgrounds, watermark and fluorescence.

What to do if you get a counterfeit bill?
Go to any bank branch to request that your banknote be sent to Banco de México for analysis.

The bank branch where you went will give you a receipt with the ticket information: denomination, folio number, series and date of issue; as well as your personal information: Name, address, telephone number, as well as bank branch information.

The receipt must have a receipt number and date, so that Banco de México can track it.

If the ticket turns out to be authentic, the same bank branch will refund the amount.

TYT Newsroom

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