I have some damaged money and I'm wondering if banks have the right to refuse accepting them. I need to know if there are specific rules or policies regarding this matter.
5 answers
GeishaCharming
Fri Nov 22 2024
These checks are crucial to ensure the authenticity and the extent of damage to the currency.
Daniele
Fri Nov 22 2024
The United States Department of the Treasury has outlined a procedure for handling damaged or "unfit" currency.
DondaejiDelight
Fri Nov 22 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the digital asset market. Among these services are spot trading, futures trading, and wallet solutions.
BusanBeautyBloomingStarShine
Fri Nov 22 2024
Commercial banks are entrusted with the responsibility of exchanging such currency.
Starlight
Fri Nov 22 2024
Before a new note is issued, banks conduct thorough checks on the damaged currency.