The Dutch National Bank (DNB) has released an app which can be used to identify if a euro banknote is genuine or counterfeit.

The app, which can be used on the iPhone 5 or higher, uses the device’s camera to scan the banknote and, the DNB claims, in many cases can identify straightaway whether the banknote is authentic.

The DNB has produced this film explaining how it works:

All imagery courtesy of the Dutch National Bank.