The Steps to Spot Fake Money in South Africa

What color is R200?

The denomination value of the banknote on the front bottom right is printed in colour-changing ink. When the R50 or R100 banknote is tilted, it changes colour from green to gold. On the R200 the colour changes from magenta to green.

How much cash can you legally keep at home South Africa?

How much foreign currency can South African residents have in their possession when leaving the Republic? To the value of R1 million per adult and R200 000 per child under the age of 18, per calendar year out of South Africa.

How much cash deposit is suspicious in South Africa?

They are also obliged to report clients who perform a number of transactions totaling R25 000 and above within a specific period. Such transactions are known as cash threshold reports (CTRs). Cash deposits of R25 000 or more also trigger warnings.

How much cash is illegal in South Africa?

There are limits on the amount of currency you can bring into South Africa. For cash in South African Rand (ZAR), the limit is 25,000ZAR. For combinations of cash in other currencies, the limit is US$10,000 (or equivalent).

What are the ways I can detect a fake money in South Africa?

• At the front of the note feel that the lines on the bank note edge stand out from the rest of the note.
• Make sure the number on the top and side of the note are the same.

• The big numbers at the right hand side of the note must change colour when you move the note.

• The security thread is the shiny strip on the front of the banknote, which becomes a continuous solid line when held to the light. The words “SARB”, “Rand”, the denomination and the South African coat of arms should be visible.

• The raised lines on the bottom left and right of the front of the banknote are aids for the visually impaired. The R10 has one line, the R20 two lines, the R50 three lines, the R100 four lines and the R200 five lines.