The National Bank of Samoa (NBS) has issued a public warning following a recent increase in counterfeit Samoan tala banknotes, particularly the $50 and $100 denominations.
In a notice to customers, the bank urged the public and businesses to be extra vigilant when handling cash.
“Customers are strongly urged to exercise extra care and thoroughly check all cash received, at all times, whether from businesses, individuals or other sources,” the NBS statement reads.
The bank has advised customers to carefully examine the security features of banknotes, including the watermark and security thread, which help distinguish genuine currency from counterfeit notes.
Customers are also encouraged to check the overall print quality, colours, paper texture and feel of banknotes.
“Be particularly cautious when receiving SAT $50 and SAT $100 notes,” the bank warned.
The Samoan-language notice also states that the bank has observed an increase in counterfeit notes being presented at its branches.
Anyone who suspects they have received counterfeit currency is encouraged to seek assistance from their nearest NBS branch or contact the bank on 26766.
“NBS remains committed to protecting the integrity of Samoa’s currency and financial environment and encourages everyone to remain vigilant when handling cash,” the statement concludes.
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