The renewal of tickets urges savers to quickly get rid of the old specimens so as not to suffer losses.
The public authorities of the United States, related to monetary issues, such as the Federal Reserve (FED) and the Treasury Department, are in a exhaustive campaign for the renewal of physical tickets Of its currency, the dollar, and this has a strong impact on the rest of the countries that use it, such as Argentina.
Through the money laundering carried out by the Argentine National Government, the savers were urged to deposit these old tickets, or also the stained, broken and mutilated, in bank accounts so that, then, the Central Bank of the Argentine Republicwould take charge of the transfer to the United States for your exchange. This exchange is carried out for free at the Engraving and Printing Office, which depends on the Department of the United States Treasury.
100 dollars
What are the dollars “Chica face” and why some banks do not accept them
The dollars “face girl” They are well known among Argentine savers because, being older than the last ones issued by the Fed, they have less security measures and tend to believe that they are more easily falsifiable. For this reason, they are usually paid cheaper in exchange houses and on the street. The United States government announced that they will cease to be valid and exchange for new designs, so it is important to deposit them for their exchange.
Last year, the maximum term according to the Central Bank, for the deposit of these specimens, was December 31, but finally chose to run the deadline until March 31, 2025. Until that date, no institution or saver should take care of the costs of the transfer of tickets to the United States. However, the Argentine monetary authority decided postpone the deadline againbut it is believed to be the last option.
How to change your old bills step by step before the new deadline
The system that will remain available for savers must start with a Verification in the Banking Entity in which you have, to ensure that it has joined the process. If not, the most important public banks will generally be integrated into the procedure, so they are presented as a viable alternative if it faces a rejection.
The next step is simply Make the deposit at the window. The tickets will not be subjected to an exhaustive analysis beyond verifying that they are authentic and, if they have damage, they will check if they meet the integrity requirements established by the United States Federal Reserve for replacement.
Third, you can choose between keeping the tickets in the banking system or removed them. Of course, each banking entity will establish its own deadlines and procedures for the withdrawal. As a fourth step, aimed at those who have not declared the “Chica” dollars they wish to deposit, it will be necessary to regularize those funds.
Source: Ambito
