Fake N ote

This query is : Resolved

Dinesh Mittal (Querist)
Follow

06 October 2007 Dear All

I m working with a retail sector company , and we are receiving fake notes from customers on routine basis . is there any way out to avoid the same

CA Mani

CA Mani (Expert)
Follow

06 October 2007 Install a note checking machine.

(you can see in banks)

Ravikumar.G

Ravikumar.G (Expert)
Follow

06 October 2007 Also you can get serial numbers from RBI

Upgrade to CAclubindia Pro. Subscribe Now!

Shalishkumar

Shalishkumar (Expert)
Follow

16 October 2007 The best way to avoid receiving fake notes is to install note counting m/cs which also checks the currency notes. The other best way is accept maximum payment by debit cards or credit cards. you can run a program of point earnings with banks offering credit/debit cards also in your city. which will indirectly help your business promotion activities.

kumar arumugam

kumar arumugam (Expert)
Follow

03 November 2007 pl use ultra violet note checking machine for detecting the fake notes.