If you take a partial dollar bill to the bank, will they replace it with a whole one? How much has to be left? Do they do that with larger bills?
--Donald T.
There are a lot of myths and rumors floating around about this one. Generally it's thought that you can take any bill, as long as over one half of it exists, to the treasury, and they'll replace it with a new bill. Why over one half? We're not going to answer that. Don't get greedy. This is actually a pretty good deal. You can't take 51 percent of anything else into a store and get a new version!
In actuality, though, it could be a little more difficult than that. In each case of damaged money, questions are asked, inquiries made. Why is that money damaged? Where did it come from? Where is the rest of it? If you look too much like a terrorist, most likely your money refund will be denied. Generally, if you have less that half a bill, they will refund the money, as long as you explain where the rest of the bill is. The exception is if you look like a terrorist. If you look like a terrorist, you won't be able to get a full refund of any bill, and most likely you will be detained.
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2 comments:
My friend has some paper money that some of his kinfolks had buried some time ago. There isn't a lot, maybe six or seven hundred by the looks of it (only and estimated guess) since it was bundled together in a flat way with a rubber band around it which caused it to be pressed together fairly tightly. It looks as though it was in some kind of plastic bag and has gotten really wet and really muddy and now it is stiff. It isn't falling apart though. Can we put it in let's say a wire basket or strainer and position it above a slow column of steam and very slowly and very patiently separate each bill one at a time and let it dry again and then get it replaced at a bank?
If anybody thinks this will work or has a better idea or method please let us know at my e-mail address > dodobber43@live.com
Thanking you in advance
As a former employee of The All Knowing, I want to advise you that they don't really know everything. My advice is to get a second opinion before you start steaming you money or using harsh chemicals or a dry cleaning technique. I notice that those replies have been deleted, most likely at the advice of lawyers.
I also want to apologize for my previous remark ("Get a job, sir") which was insensitive in these harsh economic times, and also a gratuitous quote from The Big Lebowski (an abuse of mine for which I was relieved of my post).
I wish you luck with your wet money and remember that you may be able to take the knowledge you gain from this endeavor to a possible lucrative business sometime in the very near future, as there might be more of the burying money going on in these harsh economic times.
I am curious as to why your "friend's" kinfolks buried the money in the first place. If you happen to see any clean cut individuals wearing cheap black suits and comfortable leather shoes snooping around, be advised that this is the telltale look of both the FBI and the IRS alike, both whom may take an interest in this matter and both whom should be equally avoided.
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