Yes in the eyes of the government torn money is still money. To be considered damaged but not mutilated at least one half of the damaged bill must be clearly identifiable.
if you have a ripped 20 dollar bill
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If you try to spend it in a shop maybe.
If you have a ripped 20 dollar bill. If you take it into your bank yes. Otherwise everyone would be ripping their money to try and make 40 out of 20. When a bill is torn mutilated or otherwise damaged it should be taken to a bank for redemption.
Its worth a try. The various rules and such as stated about percentage of bill or inclusions of serial number are standards for the us treasury and federal reserve window. They will give you a replacement or let you pay it into your account as long as the two h.
They are the ones that set the rules for swapping mutilated currency and. So more than 14 of the bill missing on one side will make it no longer viable. You can also see if your bank will allow you to exchange or deposit it.
Can i turn this in. Every year the treasury department takes care of approximately 30000 claims of mutilated currency that is valued over 30 million. I have a 2000 dollar bill that has been ripped and taped together but on the right lower corner the last number is missing.
However if you have quite a huge amount of ripped money discarding it will be a big loss. Currencypaper billsthat have merely been damaged can typically be replaced at a bank while bills that have been torn must be mailed to the us. When it comes to mutilated money not just torn or missing but severely damaged most bankstreasuries will require at least 50 of the bill intact and a good reason for the bills condition.
It is up top the retailer. Bill must have at least 1 and one half of the 2 serial numbers to still be considered legal tender. If you try to put it in a machine probably not.
According to the united states secret service more than half of a torn or damaged dollar bill must be intact for it to still be considered legal tender. The top left half has all the serial numbers. Bureau of engraving and printing for replacement.
Or can you use ripped money depending on the amount of cash you can decide to discard the damaged or torn money. A ripped 20 is still 20 so long as you have more than 50 percent of the bill.