A 28-year-old man from Ngunnawal has been charged after allegedly attempting to use a counterfeit $100 note to buy a drink at a licensed club in Belconnen.

The man was arrested at a Ngunnawal home on Wednesday evening after police searched the property and seized further $50 and $100 banknotes believed to be counterfeit. Officers also located an ID card and a bank card owned by other people.

Police say the man was charged with two counts of obtaining a financial advantage by deception, two counts of possession of stolen property, and one count of attempting to obtain a financial advantage by deception.

The Reserve Bank of Australia provides information on the security features of Australian banknotes.