According to the Decision of NPC Standing Committee on Punishing Crimes Disrupting Financial Order and the Regulations of People's Republic of China (PRC) on the Administration of Renminbi, the People's Bank of China has formulated the Administrative Measures for the Collection and Appraisal of Counterfeit Money of the People's Bank of China, and all financial institutions are responsible for organizing anti-counterfeit money knowledge and skills training for banking financial institutions.

Correlation extension

When a financial institution finds counterfeit money when handling business, two or more business personnel of the financial institution will collect it face to face. Fake RMB banknotes should be stamped with the words "counterfeit currency"; Forged foreign currency cash and all kinds of counterfeit money should be sealed in a special bag with a unified format, and the words "counterfeit money" should be stamped on the seal. The special bag should be marked with details such as currency, type of securities, denomination, number of sheets (sheets), crown number, payee, check name stamp and so on. A financial institution that collects counterfeit money (hereinafter referred to as the "collecting unit") shall issue a "Certificate of Collection of Counterfeit Money" uniformly printed by the People's Bank of China to the holder, and inform the holder that if he has any objection to the authenticity of the collected currency, he may apply to a local branch of the People's Bank of China or a local appraisal institution authorized by the People's Bank of China for appraisal. The seized counterfeit money shall not be handed over to the holder.