With the government’s plan to encourage the circulation of unstalled savings, especially dollars, American currency tickets are again under attention. For those who stay with cash they must know that not everyone is worth the same by The price difference that in the informal circuit puts to those who are “small face” and the “big face”. In addition, it is important to know what to do with stained or deteriorated dollars.
In the informal exchange market that operates in the City Porteña there has been a differentiation between different emissions of the dollar ticket for years. It is the “Chica” and the “Big Face” dollars. For the former you get to pay up to 4% less and many savers do not want them.
The so -called “Chica” dollar are those that were printed in the United States until 1996. In the US $ S100 ticket is Benjamin Franklin within an oval frame and which, in terms of dimensions, is smaller compared to the printed versions later.
The City Porteña caves pay less for those tickets and also sell them cheaper. Although they are totally legal tender savers reject them. It is paid by 2% and 4% less because in theory they are “more difficult to move.”
Although there are no “legal” reasons, the “trees” take the old $ S100 bills with discounts. The same happens with the dollars of lower denomination.
In the banks, which, following official measures, improved interest rates for fixed -term deposit in dollars, circulate both “small face” and “large face” without restrictions, and even entities are obliged to accept them.
What are the dollars of legal validity?
“Consumers around the world are warned that it is not necessary to change the US $ S100 bills of the previous design for the new ones. It is the US government’s policy that all the designs of the currency remain legal currency, regardless of the time of its issuance,” the Fed announced in 2013, the last time they renewed the design of the ticket.
The most recent version of the US tickets is the one with a blue band that crosses it and Franklin’s face appears in the foreground, without the oval. That is the ticket called “Big Head”, and the Blue Band is an additional security measure with which it seeks to avoid falsification.
Dollars “face girl”: the BCRA again extend the rule that encourages banks to accept them
He Central Bank of the Argentine Republic (BCRA) He extended until December 31, the rule quand allows deposit broken, stained, deteriorated or older series known as “small face”. The last term won on March 31.
“So far they were exported for this channel almost US $ 6,000 million. It is worth remembering that banks are not obliged to receive girl or broken face tickets. That is still voluntary, “official sources told this medium.
Source: Ambito
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