Manager denied banking in the Central Bank of Kuwait, Abdullah Al-Shatti, the rumors of recent news about the existence of large amounts of counterfeit money from twenty dinar traded, and that instructions had been issued to stop pumping banknotes of that category.
Shatti stressed in a statement to Kuwait News Agency (KUNA) that the Central Bank of Kuwait, in turn, the regulatory required in this area in terms of scrutiny of the banknotes in circulation and received from local banks to identify any cases of fraud or distortion of banknotes.
He said that there are clear instructions to local banks by the Central Bank of Kuwait on how to deal with those situations and actions to be taken, and this is done in the framework of continuous cooperation and coordination with the banking system.
He added that on the other side there is the ongoing cooperation between the Central Bank of Kuwait and the competent security authorities, are reported cases of fraud or distortion discovered and pursued legal action on them.
Shatti stressed that the Kuwaiti currency in all categories have high security specifications and
Difficult to falsify or tradition marks its own security, and enhances the most banknotes been trying to fraud or distortion possible discovery with the naked eye or touch because attempts fraud are inaccurate, and the proof is that the cases that have been discovered not exceed .00003% of the total Kuwaiti banknotes rolling is a very low percentage rates and to achieve the internationally recognized safety.
He stressed Manager Abdullah Al-Shatti banking on the Central Bank of Kuwait's keenness permanent safety of the Kuwaiti currency and that there is no cause for concern in this regard.
Shatti stressed in a statement to Kuwait News Agency (KUNA) that the Central Bank of Kuwait, in turn, the regulatory required in this area in terms of scrutiny of the banknotes in circulation and received from local banks to identify any cases of fraud or distortion of banknotes.
He said that there are clear instructions to local banks by the Central Bank of Kuwait on how to deal with those situations and actions to be taken, and this is done in the framework of continuous cooperation and coordination with the banking system.
He added that on the other side there is the ongoing cooperation between the Central Bank of Kuwait and the competent security authorities, are reported cases of fraud or distortion discovered and pursued legal action on them.
Shatti stressed that the Kuwaiti currency in all categories have high security specifications and
Difficult to falsify or tradition marks its own security, and enhances the most banknotes been trying to fraud or distortion possible discovery with the naked eye or touch because attempts fraud are inaccurate, and the proof is that the cases that have been discovered not exceed .00003% of the total Kuwaiti banknotes rolling is a very low percentage rates and to achieve the internationally recognized safety.
He stressed Manager Abdullah Al-Shatti banking on the Central Bank of Kuwait's keenness permanent safety of the Kuwaiti currency and that there is no cause for concern in this regard.
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