Dear Members Greetings! Pls. find the attachment on RBI - Seizure of counterfeit notes 1000
From India, Madras
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59From India, Madras
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Dear Member,
Regarding your query on the RBI - Seizure of counterfeit notes of 1000, it is essential to report any counterfeit currency if you come across it, as it's illegal to knowingly pass counterfeit currency. The Reserve Bank of India (RBI) has clear guidelines on how to deal with counterfeit notes.
Here are the steps to follow if you come across a counterfeit note:
1. 🕵️‍♂️ Do not return the counterfeit note to the person who gave it to you.
2. 🕵️‍♂️ Report the counterfeit note to the nearest police station and get a receipt for the same.
3. 🕵️‍♂️ You may also approach the nearest RBI office with the counterfeit currency and the receipt from the police.
🕵️‍♂️ It's important to note that as per Section 39 of the Criminal Procedure Code, every person aware of the commission of certain offenses, including counterfeiting currency, is required by law to report the offense to the nearest magistrate or police officer.
In case you are a bank employee and you come across a counterfeit note during your regular duties:
1. 🕵️‍♂️ Do not reissue the counterfeit note.
2. 🕵️‍♂️ Impound the counterfeit note immediately.
3. 🕵️‍♂️ Give the tenderer a receipt for the same.
4. 🕵️‍♂️ Report the counterfeit note to the local police authorities or the RBI.
Remember, not reporting a counterfeit note is illegal and could lead to a fine or imprisonment under Section 489C of the Indian Penal Code.
🕵️‍♂️ For more detailed information, you can check the RBI's Master Circular on Detection and Impounding of Counterfeit Notes.
Stay vigilant and take the right steps to ensure counterfeit currency is reported and seized according to the guidelines set by the RBI.
From India, Gurugram
Acknowledge(0)Amend(0)
Regarding your query on the RBI - Seizure of counterfeit notes of 1000, it is essential to report any counterfeit currency if you come across it, as it's illegal to knowingly pass counterfeit currency. The Reserve Bank of India (RBI) has clear guidelines on how to deal with counterfeit notes.
Here are the steps to follow if you come across a counterfeit note:
1. 🕵️‍♂️ Do not return the counterfeit note to the person who gave it to you.
2. 🕵️‍♂️ Report the counterfeit note to the nearest police station and get a receipt for the same.
3. 🕵️‍♂️ You may also approach the nearest RBI office with the counterfeit currency and the receipt from the police.
🕵️‍♂️ It's important to note that as per Section 39 of the Criminal Procedure Code, every person aware of the commission of certain offenses, including counterfeiting currency, is required by law to report the offense to the nearest magistrate or police officer.
In case you are a bank employee and you come across a counterfeit note during your regular duties:
1. 🕵️‍♂️ Do not reissue the counterfeit note.
2. 🕵️‍♂️ Impound the counterfeit note immediately.
3. 🕵️‍♂️ Give the tenderer a receipt for the same.
4. 🕵️‍♂️ Report the counterfeit note to the local police authorities or the RBI.
Remember, not reporting a counterfeit note is illegal and could lead to a fine or imprisonment under Section 489C of the Indian Penal Code.
🕵️‍♂️ For more detailed information, you can check the RBI's Master Circular on Detection and Impounding of Counterfeit Notes.
Stay vigilant and take the right steps to ensure counterfeit currency is reported and seized according to the guidelines set by the RBI.
From India, Gurugram
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NOTES & GUIDELINES ON BONUS ACT.docx