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A used note is a banknote that has been in circulation (as opposed to a freshly printed, uncirculated banknote). Blackmailers and people demanding ransoms are often heard in movies to ask for a sum of money "in used notes". Used banknotes are preferred by criminals because they are more difficult to trace. Blocks of new banknotes will be in ...
Banknote processing is an automated process to check the security (or authenticity) features and the fitness of banknotes in circulation, to count and sort them by denomination and to balance deposits. This processing of currency is performed by security printing companies, central banks, financial institutions and cash-in-transit (CiT) companies
Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. By extension, the word "banknote" is sometimes used (including by collectors) to refer more generally to paper money, but in a strict sense notes that have not been issued by banks, e.g. government notes, are not banknotes. [3]
The printing code on a 10 euro note from the first banknote series. There is a six-character printing code on every euro banknote which gives the printer of the note. These printing codes have an initial letter, followed by three digits, then by a single letter, and ending in a digit, for example, "R001A1". [118]
Since 2003, image editors such as Adobe Photoshop CS or PaintShop Pro 8 refuse to print banknotes. According to Wired.com, the banknote detection code in these applications, called the Counterfeit Deterrence System (CDS), was designed by the Central Bank Counterfeit Deterrence Group and supplied to companies such as Adobe as a binary module. [12]
Even more advanced devices allow users to reset engine DTC codes, effectively turning off engine lights in the dashboard; however, resetting the codes does not address the underlying issues and can in worst-case scenarios even lead to engine breakage where the source issue is serious and left unattended for long periods. [36] [37]
A cheque (or check in American English; see spelling differences) is a document that orders a bank, building society (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.
A replacement banknote, commonly referred to as a star note, is a banknote that is printed to replace a faulty one and is used as a control mechanism for governments or monetary authorities to know the exact number of banknotes being printed.