The official organizations of the United States announced that there are bills that will no longer circulate or be received.
The United States Bureau of Engraving and Printing depends on the Department of the Treasury and is the agency in charge of designing and issuing banknotes of its national currency. Together with the Committee for the Prevention of Advanced Counterfeiting, with the aim of reinforcing monetary security and avoiding counterfeits and scams, they announced that There are dollars that will no longer be in circulation.
This initiative is accompanied by the objective that American public organizations have of renew physical banknotes and remove from circulation all those that are damaged and make handling difficult. For this, they launched various programs where they agreed to receive the copies that the population gave them and exchange them for newer ones.
Treasury Department
Banknotes: the dollars that will no longer be taken into account in the United States
As officially announced, those copies that are significantly damaged will not be accepted in banks, ATMs, or stores. This measure includes:
- Faded or worn
- With cut edges or damaged corners
- Affected by exposure to humidity or heat
- Banknotes with visible marks that affect handling
However, the Bureau of Engraving and Printing offers a free public service for the exchange of banknotes that are partially or completely destroyed.
Tips to determine the originality of a banknote
Despite the measure that seeks to reinforce security, it is also important to know how to determine if a bill is real or fake. Therefore, we remember the main security measures:
- security thread visible when holding the bill up to the light, with the inscription “USA”.
- 3D band that changes design when you tilt the bill.
- Color changing ink in the lower right corner.
- watermark noticeable in backlight.
- Microprints around the designs.
- embossed printingwhich can be felt by touch.
Source: Ambito
