Reborn Super Bank System
Chapter 1164: Counterfeit Bills? (Please subscribe!)
Burmese.
Save time.
A province north of Burma.
There is a long border with India. Therefore, there has always been a'dispute', not military, but small friction on the land. India often moves the boundary marker here a few hundred meters.
Grow vegetables.
Chop and chop wood.
Picking up firewood or something.
It’s not exhausting. Sometimes people come to build houses or hunt, which is difficult to manage. There is a lot of daily communication between the two parties, but it is not to the point of life and death, and trade is very frequent.
Langyu County.
The Burmese county seat at the border.
Here.
It is the largest trade border county with India in Shijii Province.
The population is nearly 150,000.
A large number of businessmen from the two countries trade here every day. In the past, India was much more developed than Myanmar’s industry, and it was they who sent industrial products here in exchange for Myanmar’s agricultural products.
now.
It turned the other way around.
The degree of industrialization of the special economic zones in Burma seems to be stronger than that of India, leading to a fundamental change in the trade situation here, and India’s "developed industrial products" have no market.
This makes many Indian businessmen a little unacceptable for a while.
You were so poor before.
How can I have more money than me?However, grievances cannot solve the problem. After the local businessmen inspected, they found that they were unable to recover, and they switched careers, gradually changing from export trade to import trade.
I could still sell medicine in the past.
Later, they were not allowed to sell directly.
The most troublesome thing for Indian businessmen is.
Burma has reorganized the catalog of imported products.
The border management and market access system have been strengthened, and the entry of substandard products manufactured by India's backward industrial equipment has been restricted, especially in food, medicine and various chemical products.
The control is particularly strict.
Want to enter the Burmese market.
It must be tested by the Myanmar side and meet various environmental and technical standards of the Myanmar side. For example, plastic products must be additives that can lock harmful substances from penetrating into the food contained by the Kamian Environmental Technology Company.
otherwise.
All are substandard products.
Must not be listed.
In short.
After zero up.
Everything is different.
The days of Indian businessmen are sad.
The customs here have all changed people, and the inspection rights of the products must be included. The small county is not qualified to give them a certificate of conformity for the product method. Even if they know it, they can’t get to the capital of Myanmar.
Toss to the end.
They can't help it.
Had to switch to another business.
Due to the frequent trade between the two sides, there are many kyats left in India. Therefore, early this morning, the county sent people to notify the other side, asking them to exchange kyats for Asian dollars before the end of the year.
otherwise.
Exchange may no longer be offered next year.
Heard the news.
Many Indian businessmen came to the county with kyats.
Most of the money in their hands was previously exchanged for Asian dollars or rupees, but still some kyats in their hands, because the goods imported from Myanmar are sold in India and they often receive kyats.
In the long junction zone.
The kyat has circulation in a small area of the border.
County.
nine in the morning.
Bank of Myanmar branch.
There was a long queue at the door.
"Don't be crowded, we have plenty of Asian dollars and rupees, and everyone can change it." The security team shouted with a loudspeaker. The sun is already high, but the enthusiasm of the queue people is higher.
Inside the bank.
The cash counter at the cash register brushes the banknotes.
A cashier finished counting a stack of old and new cash, took out more than 20 large-denomination kyats spewed out by the money counter, and said to him, "Excuse me, I have confiscated these money."
"Why?" The Indian was a little anxious. This is a lot of money.
"This is fake currency."
The bank clerk told him straightforwardly.
"I, it's impossible, are you wrong?"
The Indian didn't give up.
"I have read each one carefully. It is indeed a counterfeit currency. If there is any objection, we will have someone in the next room explain to you where it is. But sorry, the counterfeit currency will be confiscated." The bank clerk said.
He is not reconciled.
He was taken to a room on the side.
five minutes later.
Every one.
All have been pointed out where they are fake.
He was speechless and wanted to take it back, but was rejected. The counterfeit money was forced to be confiscated when it arrived at the bank. Looking at the surrounding security guards, he still gave up the idea of taking it back.
Take the rupee exchanged in his hand.
He can only admit that it is bad luck. Counterfeit currency is not a big deal in India. India is flooded with counterfeit currency, and at least one-fifth of the cash in circulation is counterfeit currency.
In daily life.
I've long been used to it.
most of the time.
Everyone actually knows that it is a counterfeit currency.
It’s just the same use, the merchants charge the same, as if they have acquiesced in it, anyway they can be spent, it doesn’t matter, so even if it is counterfeit kyat, they often receive it.
I didn't care about it before.
Now it seems.
Be careful next time, otherwise, the money you have made with hard work may be in vain. Now, the Burmese Kyat will be abolished, and in the future, here, the Kyat will gradually die out.
It seems.
No more kyats will be collected in the future.
Next.
Almost everyone who came to this branch to exchange money was found to have some counterfeit notes in their hands, without exception.It is also due to the fact that there are too many counterfeit banknotes, and banks in India do not accept the exchange of kyats and rupees.
otherwise.
Identification is not good.
Change it back.
If you go to a bank in Myanmar to exchange it, if there are too many counterfeit coins, the loss will have to be borne by your own bank. They will not do this kind of business that will obviously lose money.
no way.
Whether it’s a business or an ordinary person, they can only come here to change, or they can ask someone to do it. In less than half a day, a business of replacing the rupee is born, running errands for others and earning some hard work.
...
Just one day.
This border branch received counterfeit kyat notes with a face value of over 8 million Asian dollars, accounting for one-third of the face value of kyats recovered today. Tang Qing was a little speechless seeing this figure.
It really is.
Very'Indian style'.
in this aspect.
It is indeed number one in the world.
According to the survey, India’s counterfeit banknotes account for nearly a quarter of the total cash flow. In other words, in theory, one quarter of the money in India’s hands is counterfeit.
Quite'characteristic'.Due to the poor anti-counterfeiting technology of the previous kyats, some illegal factories in India that are'good at copying' have also been obtained, which seems to be quite a lot.
Even in the kyats that are now exchanged.
Tang Qing estimated that some of them were counterfeit coins, and the ones that could be singled out were only the more obvious counterfeit banknotes. However, Tang Qing didn't care about it...As if he had never used it.
When the fighters were active in India, they basically used their own printed rupees. The technology was more real than real banknotes. Tang Qing was also very restrained. He didn't print too much, which was worth about a billion Asian dollars.
Most of them are still lying in a large iron box in the training area.
Brand new rupees.
therefore.
Everyone is even.