Will the bank confiscate counterfeit money?

The bank will confiscate counterfeit money.

1. If a financial institution finds counterfeit money when handling business, it shall be collected in person by two or more business personnel of the financial institution. Forged RMB banknotes should be stamped with the words "counterfeit banknotes"; Forged foreign currency and all kinds of counterfeit money should be sealed in a special bag with a unified format, and the words "counterfeit banknotes" should be stamped at the sealing place, indicating the currency, banknote type, denomination, number of sheets and other detailed information. The special bag should be marked with the crown number, the name and seal of the recipient, the auditor. A financial institution that collects counterfeit money (hereinafter referred to as the payee) issues a receipt voucher for counterfeit money uniformly printed by the People's Bank of China to the ticket holder, and informs the ticket holder that it has any objection to the authenticity of counterfeit money. The seized money may be applied to the local branch of the People's Bank of China or the 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.

2. The certification institution authorized by the People's Bank of China refers to a commercial banking institution authorized by the People's Bank of China with the technology and conditions for currency authenticity certification.

According to the NPC Standing Committee's Decision on Punishing Crimes of Disrupting Financial Order and the Regulations on the Administration of Renminbi in People's Republic of China (PRC), the People's Bank of China formulated the Measures for the Administration of Counterfeit Money Collection of the People's Bank of China, which came into effect on July 6, 2003. Credit cooperatives, postal savings offices, etc. Have the right to confiscate counterfeit money, and the people's Bank of China and its authorized institutions to identify genuine money. However, in the process of collecting counterfeit money, in any of the following circumstances, the financial department shall immediately report to the public security organ: counterfeit money above 20 yuan (including counterfeit money 20 yuan) and counterfeit money above 10 yuan (including counterfeit money 10 yuan) are found at one time; Belonging to the manufacture of counterfeit money by new forgery means; There are clues to the manufacture and sale of counterfeit money; The holder does not cooperate with the financial institution to collect money. If the staff of a financial institution is rude in the process of collecting or identifying counterfeit money and fails to follow the strict procedures for collecting counterfeit money, the holder of counterfeit money has the right to "discuss" with the branches of the People's Bank of China. The People's Bank of China and China will also "support" citizens according to regulations.