Protection against counterfeiting

Published: 1/2/2015 Modified: 4/8/2023
Counterfeiting is a criminal offence with social and financial consequences, which undermines the trust of the public (users) in the cash.

The Croatian National Bank devotes full attention to the protection from counterfeiting of cash and prevents counterfeiting by a series of processes:

  • it participates in the processes of development and production of euro banknotes and proposes the design of the national side of circulation euro coins and decides on the design of numismatic euro coins that it issues in line with applicable European regulations;

  •  it continuously implements the National Training Programme;

  • it actively cooperates, on a daily basis, with the Police National Office for Combating Corruption and Organised Crime of the Ministry of the Interior and with the State's Attorney Office of the Republic of Croatia; and

  • it systematically supplies banknotes and coins fit for circulation and separates worn and damaged banknotes and coins to facilitate authentication.

Criminal Code of the Republic of Croatia

In accordance with Article 274, Counterfeiting Money, of the Criminal Code of the Republic of Croatia:

  1. Whoever produces counterfeit money, alters genuine money or procures, possesses, imports, exports, receives or passes on such money with the aim of putting it into circulation as genuine, shall be punished by imprisonment from one to ten years.
  2. Whoever, upon finding out that the money he or she accepted in the belief it was genuine is counterfeit, puts counterfeit money into circulation shall be punished by imprisonment not exceeding three years.
  3. Whoever attempts to commit the criminal offence referred to in paragraph 2 of this Article shall be punished.
  4. Counterfeit money shall be confiscated.

In accordance with Article 283, producing, procuring, possessing, selling or giving to another for use forgery tools, of the same Act:

  1. Whoever produces, receives, obtains, possesses, sells or gives to another for use instruments, articles, computer programmes and data, and any other means for the counterfeiting or altering of currency or of security features, such as holograms, watermarks or other components of currency which serve to protect against counterfeiting shall be punished by imprisonment not exceeding three years.
  2. The punishment referred to in paragraph 1 of this Article shall be imposed on whoever produces, receives, obtains, possesses, sells or gives to another for use instruments, articles, computer programmes and data, and any other means for the making of fraudulent securities, fraudulent symbols of value issued pursuant to regulations, fraudulent symbols for the marking of goods, fraudulent measures and weights or for forging documents.
  3. The tools referred to in paragraphs (1) and (2) of this Article shall be seized.

Educational materials on the security features of euro banknotes and euro coins are available here.