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Bank Note Watch Campaign

  • Sat 04 May, 2013

The IBF along with its members and various stakeholders including An Garda Siochana , An Post , Cash-in- Transit (CIT) partners and the CBOI as observer are establishing / launching a Banknotewatch education, awareness and crime prevention initiative.

The reason for the establishment of this scheme is that over the years member banks and the CITs (CIT industry) have invested heavily in intelligent ink stain security cash boxes/cases for the secure transportation of cash by CIT service providers. In addition, there has been a recent upsurge in attacks on commercial deliveries and the awareness campaign is aimed at educating the general public/retailer community as to the circulation of stolen ink stained notes which are proceeds of crime.

The goal of this campaign is to highlight to the public and retailers that an ink stained banknote is possibly a stolen note and the proceeds of a commercial CIT robbery. We are attempting to stop the circulation of these notes and asking members of the public and retailers to refuse to accept these notes and to follow our guidelines in respect of what to do when such a notes comes into your possession.

We hope that the Retail community will support this campaign. In the event that you want to discuss this campaign, the IBF and the GTAG Office (01) 6661198 are available to discuss with you in advance of the launch date , scheduled for May 2013.

Bank Note Watch Campaign. See Poster