It is an offence to knowingly possess counterfeit banknotes. Suspect banknotes should be given to State or Federal police. If they prove to be genuine banknotes, you will receive full value for them.
If you come across a banknote that you suspect is counterfeit, take the following steps:
Step 1: Store safely
Handle the suspect banknote as little as possible and store it in an envelope.
Step 2: Note details
Note any relevant information, such as how it came into your possession.
Step 3: Report to police
Report the matter immediately to State or Federal police.
You are well within your rights to refuse to accept a banknote if you have concerns about it.
Under no circumstances should you take actions that may jeopardise your safety or that of others.
For more information
Reserve Bank of Australia
Call: 1800 633 220
8.30 am – 5.00 pm, Monday to Friday
To contact your nearest state or federal police visit the Australian Federal Police website.
Additional information about handling suspect banknotes can be found on the Australian Federal Police website.