The Central Bank of Samoa (CBS) has been made aware of media reports circulating regarding alleged counterfeit banknotes currently being used in Samoa. CBS takes these reports seriously and is looking into the matter and will work closely with our Financial Institutions and relevant Authorities to address the issue and 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. Key features and tips for checking them:
Polymer Notes
• Teuila Window: Look for a transparent window with a clear Teuila flower design. Hold the note up to the light to confirm clarity.
• Tactile Dots: Each denomination has a series of raised dots.
Paper Notes
• Watermark: Hold the note up to the light to see the watermark image (profile of the late Head of State and “CBS” letters) embedded in the paper.
• Metallic Thread: When held to the light, this thread changes from green to red and vice versa when tilted against the light.
Additional Tips
• Check the Texture: Polymer notes feel smoother and more durable than paper notes.
• Compare with a Genuine Note: If in doubt, compare with a note you know is authentic.
These simple checks can help businesses and individuals quickly verify banknotes and reduce the risk of accepting counterfeit currency.
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.
The Central Bank encourages all members of the public and businesses to remain vigilant and to check banknotes carefully when receiving cash, especially for higher denominations.
If you suspect that a banknote is counterfeit:
- Do not return the note to the person who gave it to you.
- Keep the note safely and report it immediately to the Samoa Police or bring it to the Central Bank for verification.
- Record where and how you received the note, as this information is critical for supporting investigations.
CBS also reminds the public that under the Crimes Act 2013, it is an offence to knowingly possess, use, or attempt to use counterfeit or forged banknotes. Individuals found guilty of this offence are liable to a term of imprisonment of up to five (5) years.
The Central Bank will continue to support our legal enforcement agencies in all counterfeit-related investigations and will work closely with Financial Institutions to strengthen detection, reporting, and prevention measures. Maintaining the integrity of Samoa’s currency remains a key priority of the Central Bank.
Should you require further information you may contact our Banking and Currency Department on telephone 34100.
Central Bank of Samoa media release.
