The Bureau of Engraving and Printing has announced what it will do with banknotes that are too worn to be used.
The US authorities in charge of the process of Design and issuance of dollars They have reported what they will do with the banknotes that are in a state of deterioration that makes their handling and general use difficult for carrying out different transactions.
It is precisely about the Bureau of Engraving and Printing (BEP) which is part of the United States Department of the Treasury. Frequently asked questions are usually whether dollars lose their value or become devalued because they are old, worn or damaged, and the agencies answered those concerns.
Department of the Treasury
What will happen to old and damaged dollars, according to the United States?
First of all, it cleared up all kinds of doubts regarding the devaluation of valueAccording to the BEP, banknotes from previous or current series will not be withdrawn or devalued. However, it is true that they will be withdrawn from circulation as soon as they show a state of deterioration that makes their movement difficult.
In this case, he said that the banknotes that have suffered wear and tear and the oldest ones will be withdrawn from circulation and replaced with new banknotes.
Source: Ambito
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