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Counterfeit Procedures for "Suspect" Bill

If we suspect a counterfeit bill presented for deposit by our customer are we: (1) Required to notify the customer? (2) Required to give the customer provisional credit if we are submitting the bill to the Secret Service?

You are required to seize the bill and forward it to the United States Secret Service whenever you come into contact with it -- either over the counter, or within a deposit. You don't have to reimburse the customer but you should let him/her know of your actions.

First published on 2/13/06

First published on 02/13/2006

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