Recently, there’s been an uptick in counterfeit $100 polymer bills circulating on Vancouver Island, especially in businesses that deal with cash transactions. Here’s what to watch for and the steps you can take if you come across a suspicious bill.

What to look for:

• Watch for Unusual Behavior: If someone uses a $100 bill for a tiny purchase or hands over several $100 notes at once, pause and take a closer look. This can be a red flag for counterfeit activity.
• Check the Feel of the Bill: Real polymer notes have a distinctive texture. Run your finger over the words ‘Bank of Canada’—they should feel raised. If the bill feels thin or off, trust your instincts and double check.
• Inspect the Transparent Window: Scammers will often cut the transparent window from a smaller denomination for use in their counterfeiting. Watch for bills which are made up of multiple pieces, or where the numbers in the window do not match the denomination.

What Should You Do Next?

Counterfeit notes cannot be recirculated. If you suspect you’ve received a counterfeit note, bring the bill to your local RCMP or drop it off at Coastal Community Credit Union when you make your next deposit.

Remember, staying alert and informed is your best defense. If you ever have questions or need advice, reach out to us. We’re here to help.