Do You Need a Level 3 Security Feature?

The many security features integrated into a banknote make them virtually impossible to counterfeit. These features instil confidence in the currency and enable various users to authenticate genuine banknotes throughout the entire cash cycle.

Role of Level 1 and 2 features

Most banknote denominations contain level 1 and level 2 security features. Level 1 features provide easy and intuitive visual authentication by members of the public, whereas level 2 features are designed for professionals and machines working in retailers, banks, and cash- handling businesses.

Level 1 and level 2 security features are sometimes sufficient by themselves. They deter criminal activity by making it expensive and difficult to simulate notes convincingly, whilst helping participants in the cash cycle spot the fake notes.

Issuing authorities that experience a low risk of a sophisticated counterfeit attack may decide that level 3 features are unnecessary. As with every banknote specification decision, the most appropriate solution for one central bank may not be the most appropriate solution for another.