Fake bank notes in India
Replies: 25 - Last Post: Nov 17, 2012 10:59 PM Last Post By: fivejacks
Nov 10, 2012 5:23 AM
Nov 10, 2012 10:41 PM
Nov 11, 2012 6:42 AM
17Donkeystone, you're spot on, and you can expand that to include foreign currency as well.
Last year I was in Jaisalmer when none of the ATM's in town were working due to constant power outages, so I decided to exchange one of my crisp, clean new Australian polymer $100 notes, and was quoted from memory R52 to $1AUD.
I had kept this note in a 'secret' pocket of my man bag (yes, I've got a man bag!), and when zipping it in I accidentally cut the tiniest, barely visible tip off one corner.
Well you would have thought I was trying to pull off the Great (Indian) Train Robbery, at first he refused to take it, then he told me he'd 'help me out and take it off my hands for R51 to the $AUD!'
Of course most of the Indian currency he offered me in exchange was crap, so I went through the whole pile of R500's pointing out each and every staple hole, crease and tear. By the time I got to about R3000 worth, he told me I was being ridiculous. I pointed at my $100 and asked "Well is this ridiculous?
His reply, "No, not ridiculous, it's broken!"
Nov 11, 2012 10:49 AM
18What they can't seem to understand is that as long as the series of numbers match bottom left top right, it's still legal tender, they say the banks won't accept it, and that's strange because they don't mind giving torn note out.
This man bag, is it one of those Pierre Cardin clutch bags you see Malaysian men carrying round ?.
Nov 11, 2012 12:27 PM
Nov 11, 2012 2:59 PM
Nov 11, 2012 6:08 PM
Nov 12, 2012 11:19 PM
22Midnight_Toker;The Mumbai taxis ripped me once. Now... But for the switch to fake notes,I have not seen it.But I must say,once I went to an ATM that gave me only 1000Rs notes,I recieved 20,000Rs.
We all know how hard it is to cash a !000Rs note in some places...But this was around the time a Vasco policeman had been arrested for having lackeys pass fake money through the casinos in Goa.,at 20,000-40,000Rs at a time.
So I started putting my initial on the 1000Rs notes as I used them.
Nov 17, 2012 8:38 PM
23fivejacks i am a former state bank of india cashier.it is the customers who deposit fake notes in banks NEVER an inside job at least in goa
Do you expect the police to find out if the notes were printed outside the country or in aplace like west bengal?
Notes are found on a daily basis -its just that they dont make the headlines
To stay safe ,the practical thing is to use notes of rs 100.That way the chances of getting fke notes is less
And fake notes are not deliberately put into ATMs
Nov 17, 2012 10:49 PM
Nov 17, 2012 10:59 PM
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