There is great confusion about this type of US banknotes caused by their rejection on the street.
While it is true that the US authorities have repeated ad nauseam that all Banknotes issued from 1914 to date are validthere is still confusion about the $100 “small side” dollars that tend to have a lower value in exchange offices and small trees in the City.
This happens because starting in 2013, the United States Federal Reserve (FED) has issued a new bill design, the called “big face” that presents greater security measures and generates more trust among customers. Either way, they have the same value.
dollar face girl
What banknotes are accepted by the Central Bank
Due to money laundering, The Central Bank has recommended that banks accept small-sided, old, worn, torn or stained bills.. He wants the entities to accept all the dollars that savers want to carry and that is why he offered to receive all types of copies in poor condition until December and take charge of shipping them to the US for exchange.
It is normal in the United States that after a certain time, the Federal Reserve receives this type of banknotes and exchanges them for others in better condition to avoid deterioration and so that people do not suffer from this circumstance. Therefore, until December is a good opportunity to redeem those copies.
Until when can ticket changes be made?
The national government announced that the deadline to deposit these bills is December 31, and it is still unknown if there will be an extension of this deadline. But it is estimated to send the dollars to the United States between January and February so that the exchange can happen as soon as possible.
Source: Ambito
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