Travel Forum

Our Travel Forum was created to provide you with the opportunity to connect with other travelers who share your passion for travel. Sign into "My Account" and you’ll be able to write reviews, share your travel experiences, and post questions for other travelers. Not yet registered? It’s simple to create an account, membership is free, and it only takes a moment to join. Once you do, you’ll be able to write reviews, share your travel experiences, and post questions for other travelers. If you have a specific customer service or quality assurance question, please contact our Traveler Support Team by calling 1-800-221-0814. We value the contributions of our travelers. Please familiarize yourself with the guidelines for participation before you begin.

Author: gobuckeyes

Joined: 7/7/2010
Posts: 157
Traveler Since: 2005

July 09, 2010

FWIW,

1. Be aware counterfeiting is a major problem in Peru as well as most of South America. We were in Peru (OAT trip) a couple years ago and we even got a counterfit coin. It was a 5 soles coin similiar to the picture below:



I couldn't believe it. It was made from two metals, had printing on both sides, and was only worth about $1.67 (back then). I received it from a "legitimate" Chinese resturant in a Lima seaside strip mall. I couldn't tell the difference; however, the local merchants/vendors could and didn't want it. I tried three times (post office, flea market, and a store) and was unsucessful each time. I asked who would go to this much work to counterfit a coin worth just $1.67; and was basically told "this isn't the US, this is Peru, etc.". Counterfit bills & coins are in the system. Peruvians that get them don't throw the counterfit Peruvian money away (and lose the money) they just spend it and/or pass it on to someone else (like an unknowing tourist). Mine was passed to one of the Machu Picchu switchback runner kids; when he came on the bus for his tip, he got it. I'm sure that he knows how to "get rid of it" too.

http://www.andeantravelweb.com/peru/...y-of-peru.html

2. In Peru they will take US dollars, but because of the counterfitting problems; they only want new US dollars. Many places will not take US dolars that are torn, marked on, or show any age. Note: A merchant can't take a chance on receiving counterfit US money, he can't just spend it or pass it on. He has to take it to a bank and exchange it for Peruvian soles. The bank won't take counterfit US dollars so if it turns out to be counterfit he (basically) loses the money. Check out a few news stories on the subject:

http://www.cbsnews.com/stories/2009/...n4944383.shtml

http://www.peruviantimes.com/43-mill...ry-2009/152893

http://articles.latimes.com/2009/sep...-counterfeit13

http://www.nationalterroralert.com/u...mic-terrorism/

Author: johnchap2

Joined: 3/18/2010
Posts: 4
Traveler Since: 1998

July 15, 2010

Have run into the same demand for new US bills in SE Asia as well.  The irony is that the new bill is far more likely to be counterfeit than a clearly worn one.

You cannot Post or Reply, please sign in

Rules of Use:
Be Relevant

Please stick to the topic of travel when posting in our Forum. Stay on the relevant topic and do not disrupt a discussion in progress. If you have a specific customer service question or issue, please contact our Traveler Support Team by calling 1-800-221-0814.

Be Respectful

Use of any inappropriate language, personal attacks, and hate speech are not permitted. Respect others’ opinions and suggestions.

Be Mindful of Privacy Issues

Please do not post the personal information of other members (full names, e-mail addresses, phone numbers, etc).

Help us help you

Please click on the ‘Report Abuse’ button if you see an inappropriate posting.