In which cases will a refund of broken or damaged dollars not be made, according to the United States authorities?

In which cases will a refund of broken or damaged dollars not be made, according to the United States authorities?

September 14, 2024 – 17:30

The United States Bureau of Engraving and Printing has released important information regarding the exchange of copies in poor condition.

The Bureau of Engraving and Printing (BEP) It belongs to the United States Department of the Treasury. And it is the body responsible for the issuance, from design to circulation, of the dollars authorized by the Federal Reserve (FED). On this occasion, he announced which bills will be accepted as exchanges for others in better condition.

This campaign aims to withdraw from circulation banknotes that are in danger of further deterioration where its value may be affected. However, it is important to note that there are cases where the agency will not be responsible for the refund and these will be explained below.

Dirty dollars

Dirty, stained or torn dollars.

Dirty, stained or torn dollars.

The Republic of Peru.

Occasions when a refund of broken dollars cannot be requested

The following cases will not be accepted by the organization:

  • If a pattern of intentional mutilation or intent to defraud the United States is demonstrated, the submission will be retained as evidence.
  • If any attempt at a criminal scheme or promotion of a scam is proven, the evidence will be retained.
  • The characteristics of the banknote are modified.
  • That the remaining fragments of the bill cannot be recognized as American currency.
  • When 50% or less of the bill to be exchanged remains, but the other 50% has not been proven to have been completely destroyed or impossible to find.

Source: Ambito

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