Queen replaced by King as German teller fooled by £20 Elvis note

Germany's central bank was all shook up after discovering a novelty £20 note featuring a picture of Elvis Presley in its system, according to the Daily Mail.

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Queen replaced by King as German teller fooled by £20 Elvis note

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This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The personalised note, not legal (love me) tender, was mistakenly accepted by a bank teller lacking a suspicious mind when a customer paid some cash into their account, says the UK tabloid.

Novelty banknotes, and the software used to make them, can be bought online and there is a thriving eBay market for the souvenirs featuring images ranging from Katy Perry to Yoda.

The Bundesbank showed off the Elvis specimen this week as it revealed that around 60,000 counterfeit banknotes were detected in 2010, a rise of 14% on the previous year.

A bank spokesman told the Mail that the Elvis note constituted fraud because someone got real money for it, however it seems unlikely the culprit will end up doing the jailhouse rock. (That's enough lame Elvis quips - ed).

Return to spender: The £20 Elvis novelty banknote that fooled the German bank clerk without a suspicious mind - Daily Mail

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Comments: (2)

A Finextra member 

A spokeman for the bank was heard to say "Ve vas all shook up".

A Finextra member 

It must have been here: https://www.sparkasse-oberhessen.de/module/filialen/filialen_ort/friedberg/friedberg_elvis_presley_platz/index.php

A savings bank at the corner of "King Street" and "Elvis Presley Plaza".

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