CBS warns of counterfeit banknotes
The Central Bank of Samoa, through media reports regarding alleged counterfeit banknotes currently being used in Samoa, has advised the public to be on the alert.
In a press statement, CBS says it is looking into this matter and will work closely with financial institutions and relevant authorities to address the issue and to protect the integrity of Samoa's currency.
"CBS wishes to reassure the public that Samoa's banknotes include advanced security features to help the public distinguish genuine notes from counterfeits," the statement says.
Key features include polymer notes, which include Teuila window and tactile dots.
Paper Notes include a watermark and a metallic thread.
"The public is also reminded that the following notes are legal tender in Samoa: 5 tala, 10 tala, 20 tala, 50 tala, 60 tala, and 100 tala."
"Legal tender refers to the official banknotes and coins issued by the Central Bank that must be accepted as a valid form of payment for goods, services and the settlement of debts within the country."
If the members of the public come through counterfeit banknotes, the CBS advises do not return them to the person who gave them to you, keep the note safely and report it to the police or bring it to the Central Bank for verification.
"Record where and how your received the note, as this information is critical for supporting investigations."