Some fake K100 and K50 notes are in circulation and the Bank of Zambia (BoZ) and Zambia Police (ZP) have urged the general public to be alert.
BoZ Head of Communication department Kanguya Mayondi said the counterfeit notes were scanned copies of original banknotes bearing various serial numbers and had a smooth surface compared to genuine banknotes.
“The smoothness of the fake banknotes is furthermore pronounced on the peak pixel, which is a coloured latent image on the front of the banknote, showing a fish eagle’s head/BOZ with tactile embossing and colour shift effects which are visible when the banknote is tilted and turned,” he said.
Mr Mayondi said the windowed holographic security thread, which showed the text BOZ 50/ BOZ 100 and a bird in flight which appears as a straight line when a genuine banknote was lifted and viewed against light,or as a broken line when the banknote was viewed normally.
“In the counterfeit note, however, these are simple aluminium foils painted on the surface of the counterfeits,” he said.
Mr Mayondi said the general public was strongly urged to be extra cautious when transacting in the two denominations and must closely examine the specified security features and all other security features on these banknotes.