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Fake currency notes: SBP sensitizes GCU students to security features of Pak currency

Fake currency notes: SBP sensitizes GCU students to security features of Pak currency

LAHORE: The Ravian Forensic Society of the Government College University (GCU) in collaboration with the State Bank of Pakistan (SBP) organized a seminar to raise students awareness about fake currency notes and enable them combat it.

The SBP experts enlightened the students and the faculty about the security features, characteristics and composition of Pakistani currency.

Speaking on the occasion, GCU Vice Chancellor Dr Muhammad Khaleequr Rahman said the university had planned a series of awareness seminars to increase understanding of students on different issues including social, economic and health.

Addressing the seminar, the SBP experts said that Pakistan’s currency notes had the world’s best security features and their duplication was yet impossible due to geometrical features, electrotype watermarks, rainbow printing, ant-scan areas, cylinder mold and several other hidden features.

The geometrical portraits of Quaid-i-Azam Muhammad Ali Jinnah, they said, had never been exactly replicated in fake currency.

Additionally, they said that the Pakistani currency had several other characteristics pertaining to the currency paper, including thickness and color of the currency notes.

They also said the currency notes had high resistance to environmental conditions owing to their treatment to several different processes. The bank experts mentioned that that the state bank accepted the claim of burnt notes, provided 51% of the note remained intact.