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Annual Report 2004

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Integration of Payment Services in Europe and Consolidation<br />

of Cash Distribution Structures in Austria<br />

Verifying security<br />

features without<br />

special equipment<br />

feits. In this respect, the OeNB (and<br />

its subsidiaries) focus on<br />

— producing high-quality banknotes<br />

and coins (Oesterreichische<br />

Banknoten- und Sicherheitsdruck<br />

GmbH — OeBS; Mu‹nze O‹ sterreich<br />

Aktiengesellschaft);<br />

— continuallycheckingtheauthenticity<br />

of the banknotes and coins<br />

in circulation (GELDSERVICE<br />

AUSTRIA Logistik fu‹r Wertgestionierung<br />

und Transportkoordination<br />

G.m.b.H. — GSA); and<br />

— educating professional cash handlers<br />

(cashiers at banks and retailers;<br />

the police) and the general<br />

public about the euro.<br />

How to Check the Validity of Euro Banknotes<br />

Feel<br />

Run your finger over the front of the banknote and you<br />

will feel the print to be raised in some parts. As a result of<br />

intaglio printing methods, the initials of the European<br />

Central Bank, the value numerals and the motifs of windows<br />

and gateways will feel rough to the touch.<br />

Look<br />

Look at the banknote and hold it up to the light: the<br />

watermark, the security thread and the see-through register<br />

will then be visible. All three features can be seen from<br />

the front and the reverse side of genuine banknotes.<br />

Tilt<br />

Tilt EUR 5, EUR 10 and EUR 20 banknotes to see the<br />

moving image on the hologram stripe applied to the front<br />

of the banknote: the hologram image will change between<br />

the value and the € symbol. On the reverse side, if you tilt<br />

the banknote, you can see a glossy gold-colored stripe.<br />

Tilt EUR 50, EUR 100, EUR 200 and EUR 500 banknotes<br />

to see the moving image on the hologram patch applied to<br />

the front of the banknote: the hologram image will change<br />

between the value and a window or doorway. On the<br />

reverse side, if you tilt the banknote, you can see a colorshifting<br />

ink feature, i.e. the value numeral in the right-hand<br />

corner shifting color from purple to olive green or brown.<br />

The OeBS prints the share of euro<br />

banknotesallocatedtotheOeNBin<br />

close coordination with the ECB<br />

and the printing works of the other<br />

euro area countries. A top priority<br />

in producing euro banknotes has been<br />

the integration of security features<br />

anyone can check without special<br />

equipment. People run a lower risk<br />

of accepting counterfeit banknotes<br />

when they know what the genuine<br />

banknotes look like and when they<br />

take the time to verify a few security<br />

features. It pays to tilt the euro banknotes<br />

to check for moving images and<br />

color-shifting ink features, and to<br />

watch out for the unique feel of bank-<br />

56 ×<br />

<strong>Annual</strong> <strong>Report</strong> <strong>2004</strong><br />

Box 5

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