FRIDAY, April 19, 2024
nationthailand

Easy to tell if ‘coronation’ banknotes are genuine, says BOT

Easy to tell if ‘coronation’ banknotes are genuine, says BOT

The Bank of Thailand (BOT) has responded to criticism of its recently issued commemorative Bt1,000 and Bt100 banknotes, insisting they have high standard anti-counterfeiting features and are easy to tell apart.

BOT deputy governor Paiboon Kittisrikangwan said the special banknotes issued to commemorate King Rama X’s coronation are safe thanks to advanced techniques used in their design.
The central bank issued the statement after netizens on social media complained of the similarity between the commemorative banknotes.
People could easily prove whether the notes were genuine, for example, by touching the raised figure indicating the note’s value at the corner, he said.
Meanwhile, the notes were easy to tell apart since the Bt1,000 version is 1.2 centimetres longer than the Bt100 bill. The number indicating their value is also prominently displayed, he added.
A total of 10 million Bt1,000 and 20 million Bt100 commemorative banknotes went into circulation on December 12. 

nationthailand