WHERE: Considering that the currency that is chinese as renminbi is employed anywhere, this scam can be carried out any place in Asia.
THE RIPOFF: there are a great number of fake bills in circulation…and whom safer to fool than clueless laowai tourist who don’t understand a genuine bill from a fake one?
Steer clear of Fake Chinese cash Scams
Carefully examine any modification, specially Y50 and Y100 bills. This really is among the simplest travel scams in Asia to be seduced by because it’s very hard to learn.
- Does the note feel slippery or thin?
- Does the watermark look kosher?
- Does one thing simply feel down to you personally?
It(a common practice in China) if it feels or looks wrong, don’t be shy about rejecting. If required, cancel the deal and demand your cash straight back.
Get Funds from an ATM.
If you’re cash that is getting an ATM or changing cash at a bank (for example. Maybe not really a money-changer), you won’t need to worry about getting bills that are counterfeit Y100 notes).
But alternatively, you ought to look out for the old Bait-and-Switch.
For instance, you spend someone along with your (real) Y100 and additionally they secretly replace it by having a fake note, claiming them the bogus note that you gave. Then, they’ll give you the one that is fake ask for the next one.
They simply produced y200 profit that is tidy!
Continue to keep attention in your bill when spending and watch out for the swap. That is a popular scam with taxis when getting straight straight right back a deposit (such as for example renting bike). If somebody attempts to pull this for you, make a large, noisy scene (to attract an interested crowd, and hopefully police).