Fake $100 bills from ATM. Urban myth or reality.

This is a part of our Cambodia forums to chat about anything Cambodia-related. This discussion forum is at the top of our site because it's usually the busiest part of the expat community chatter with random topics on just about everything, including expat life, Khmer politics, Cambodian blogs we have or have come across, or whatever else our members want to discuss. Whether you're an expatriate, tourist, Cambodian or random traveler just passing through South East Asia, you are welcome to talk about anything or start new topics yourselves.
User avatar
Brody
Expatriate
Posts: 1644
Joined: Thu Mar 15, 2018 12:07 pm
Reputation: 864
Cambodia

Re: Fake $100 bills from ATM. Urban myth or reality.

Post by Brody » Tue Mar 12, 2019 11:50 am

Felgerkarb wrote:
Tue Mar 12, 2019 9:34 am
Generally the feel is off. Also, the security band should glow red or pink in black light, most fakes it is simply black, no color at all.
Thanks.

I recently came back from a trip to the US. I came back with $1,500 in hundreds. Riffling through them once back in Cambodia I noticed that one had a couple of small tears that wouldn't be acceptable in the KoW and another was tearing around the large security band.

The whole lot has been sitting in my desk since my return and today I thought I'd run to Acleda and see what they'd do, if anything, with the damaged bills if I tried to deposit them.

I was pretty disappointed with Acleda, they acted no better than a money changer out front of Psar TTP.

The teller quickly noticed the two damaged ones out of the $1,500. She kept flicking the tears and staring down at the bills. I asked her what she was going to do. She called over a supervisor, he flicked at the tears and tried to tell me that the one bill shouldn't be tearing around the security band or something like that.

I told him that I had just arrived from the US with these bills so they should be fine. Not once did the pair lift the bills up to look at the water marks or run their fingers along the bill to get a feel of it.

I asked them if the only way they can detect counterfeit bills is by sight? There's no UV light or ink test? All they did was look at the bills and flick at the small tears.

Anyway the supervisor hemmed and hawed and then told the teller to deposit the full amount and I got my receipt.

Can't we trust the banks here to be a tad more adept at counterfeit detection than the local money changers.

I know this is Cambodia but it's a bit hard to swallow almost getting rebuffed over a few tears when back home I could take a $20 bill, tear it in half and get a replacement bill from any bank.
User avatar
Kayve
Expatriate
Posts: 634
Joined: Mon Sep 25, 2017 11:50 am
Reputation: 121
Cambodia

Re: Fake $100 bills from ATM. Urban myth or reality.

Post by Kayve » Tue Mar 12, 2019 11:57 am

If your 100$ bill is teared on the edge, it's value is only 90$ in Cambodia :ROFL:
Don't forget the water buffalo
Fourkinnel
Expatriate
Posts: 712
Joined: Sat May 30, 2015 12:39 pm
Reputation: 50
Tonga

Re: Fake $100 bills from ATM. Urban myth or reality.

Post by Fourkinnel » Tue Mar 12, 2019 12:51 pm

A microscopic amount of super glue applied to the small tear with a cocktail stick holds it together and hard to see.
User avatar
timmydownawell
Expatriate
Posts: 2044
Joined: Tue Mar 22, 2016 12:50 pm
Reputation: 457
Location: Phnom Penh
Cambodia

Re: Fake $100 bills from ATM. Urban myth or reality.

Post by timmydownawell » Tue Mar 12, 2019 2:44 pm

Brody wrote:
Tue Mar 12, 2019 11:50 am
I know this is Cambodia but it's a bit hard to swallow almost getting rebuffed over a few tears when back home I could take a $20 bill, tear it in half and get a replacement bill from any bank.
It's a foreign currency. The banks here can't just transfer damaged US bills to the Reserve for exchange like they can in the US.
No matter how much it rains, the dirt never washes away.
The Last Word
Expatriate
Posts: 82
Joined: Sun Jan 13, 2019 12:12 pm
Reputation: 32
Laos

Re: Fake $100 bills from ATM. Urban myth or reality.

Post by The Last Word » Tue Mar 12, 2019 2:51 pm

I've deposited damaged bills into an ABA deposit machine as long as it registers and credits my account im happy. I tried to use the bills at various places they wouldn't take it until i put it in the ABA machine.
bobsboots
Expatriate
Posts: 252
Joined: Fri Jun 09, 2017 2:10 am
Reputation: 80
Great Britain

Re: Fake $100 bills from ATM. Urban myth or reality.

Post by bobsboots » Tue Mar 12, 2019 3:01 pm

Now things are starting to take an interesting twist.
Did anyone notice that in the photo of the 2 fake bills, the serial numbers are the same ? Here's the thing, the serial number on my friends fake bill, as mentioned in my OP, is identical. How can that be?
Different banks, different ATM's.
Same number.....Same source ?
Does anyone know how ATM's are filled here? By individual banks or from one larger company?
Looks like the fakes are from one source to me.
User avatar
Brody
Expatriate
Posts: 1644
Joined: Thu Mar 15, 2018 12:07 pm
Reputation: 864
Cambodia

Re: Fake $100 bills from ATM. Urban myth or reality.

Post by Brody » Tue Mar 12, 2019 3:03 pm

The Last Word wrote:
Tue Mar 12, 2019 2:51 pm
I've deposited damaged bills into an ABA deposit machine as long as it registers and credits my account im happy. I tried to use the bills at various places they wouldn't take it until i put it in the ABA machine.
That's a good idea. Acleda has deposit machines as well. I had forgotten all about them.
bittermelon
Expatriate
Posts: 153
Joined: Fri Aug 04, 2017 10:57 am
Reputation: 36
New Zealand

Re: Fake $100 bills from ATM. Urban myth or reality.

Post by bittermelon » Tue Mar 12, 2019 3:13 pm

bobsboots wrote:
Tue Mar 12, 2019 3:01 pm

Looks like the fakes are from one source to me.
Just the notes they sell for burning for ancestors aren't they?
User avatar
Duncan
Sir Duncan
Posts: 5943
Joined: Tue Jun 03, 2014 8:22 pm
Reputation: 1140
Location: Wonder Why Central

Re: Fake $100 bills from ATM. Urban myth or reality.

Post by Duncan » Tue Mar 12, 2019 3:23 pm

bittermelon wrote:
Tue Mar 12, 2019 3:13 pm
bobsboots wrote:
Tue Mar 12, 2019 3:01 pm

Looks like the fakes are from one source to me.
Just the notes they sell for burning for ancestors aren't they?

I think the '' non-fakes '' come from one source too.
Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
User avatar
CEOCambodiaNews
Expatriate
Posts: 22052
Joined: Sun Oct 12, 2014 5:13 am
Reputation: 782
Location: CEO Newsroom in Phnom Penh, Cambodia
Contact:
Cambodia

Re: Fake $100 bills from ATM. Urban myth or reality.

Post by CEOCambodiaNews » Wed Mar 13, 2019 2:43 am

UPDATE: ABA HAS PROVEN THAT THE US DOLLARS WERE NOT FAKE AND JEREMIE HAS RETRACTED HIS STATEMENT!

Image
Cambodia Expats Online: Bringing you breaking news from Cambodia before you read it anywhere else!

Have a story or an anonymous news tip for CEO? Need advertising? CONTACT US

Cambodia Expats Online is the most popular community in the country. JOIN TODAY

Follow CEO on social media:

Facebook
Twitter
YouTube
Google+
Instagram
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post