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The truths they don't want you to read....

Wednesday, June 01, 2011

The cash economy

Just about enough to buy a house in Uist
Is rapidly becoming the "no cash" economy in Stornoway, where the number of counterfeit notes is spiralling out of control.

At least three shops I know have stopped accepting cash, and with even experienced bank staff being fooled, it looks like we are being flooded by dodgy notes of various denominations and supposedly from various banks.

I hope that the Police get to the bottom of this before the economy is further destroyed.

11 comments:

Anonymous said...

I'm not taking notes, either - I'm asking customers to use the swipe card machine for the time being. I have a local guest house.

All the cashiers in the Co-op have been issued with a pen today to help identify dodgy notes - but I believe that these aren't always effective on some of the better forgeries.

I don't want to go to the expense of buying a note-checking UV machine but if this gets any worse I may have to.

I've had a look on the Bank of Scotland website and there's a useful tutorial on there on how to recognise dodgy notes.

Anonymous said...

Jeez-oh. Mountains and molehills eh? Order a UV note checker, it'll cost a fiver and be with you by the weekend. http://www.amazon.co.uk/TGG-UV-Note-checker/dp/B000KF0V54

Anonymous said...

Nothing wrong with the cash. All a big stooshie over nothing

Anonymous said...

Expense ? You can get one on e-bay for under a tenner - delivered. Money well spent. Looked at web-site these forgeries pass all the tests, apart from the UV light.

Anonymous said...

stooshie it may be, but if you have a £10 or £20 and the bank keeps it ?

Anonymous said...

Police have told the local banks that the money is ok. Cashline money is delivered in packages from the mainland so impossible to get fakes in.

Anonymous said...

9.47 you get a receipt from the bank. If the cash is kosher when it's checked on the mainland then you get your dosh back.

Anonymous said...

Local Plods not bothered, local banks playing the issue down ? Houston, we have a problem.

Anonymous said...

Plod can only get involved if someone is knowingly using money that is counterfeit, otherwise it's the bank's issue I'm afraid

Anonymous said...

The issue is where is it coming from?

I have friends who are taking the money in good faith and find out later that the cash is counterfeit so losing a hefty proportion of their weekly earnings.

Maybe our new schools will come with an unexpected new local currency?? Maybe the Comhairle will legislate that dodgy tenners will be common tender as long as it isn't spent off the Island or used to buy our closed schools....

Anonymous said...

What a kafuffle

over

......absolutely nothing

although it didn't stop the rumours about there being a full scale counterfeiting operation amongst our Irish friends at the new Nic.

Parochial, racist .. yup thats us