The Bank of the Republic (Banco de la Republica) discounts any rumor regarding counterfeit 20.000 pesos banknotes. The information that is circulating, especially on the Atlantic coast, about the counterfeiting of these notes is not true. They have the words SANTAFE DE BOGOTA and the date of issuance written on them.

This legend was printed on these notes by the Bank of the Republic until May 31, 2001.

At the beginning of that year and through legal dispositions of the National Government, the Capital of Colombia stopped calling itself Santa Fe de Bogota in order to call itself again only Bogota. It is for this reason that the banknotes issued on June 1, 2001 and subsequent issuances now do not have the words SANTAFE DE BOGOTA on them but, rather, only the date of issuance.

Source: Incredimail.com