Safeguarding against Counterfeit Currency

The video discusses the threat of counterfeit currency, explaining how fake notes can disrupt transactions and infiltrate the economy. It introduces FICN and FCORD, highlighting the role of banks in combating counterfeiting through employee education, technology, and collaboration with law enforcement. Individuals are advised to learn about currency security features, use detection tools, and prefer digital transactions. The video emphasizes the importance of joint efforts by banks and individuals to safeguard the financial system.

What role does the Federal Counterfeit Operation and Recovery Division (FCORD) play in addressing counterfeit currency?

Why is it important to stay informed about counterfeit currency trends?