Paper money, circulating and passing from hand to hand, loses its appearance, its qualities and requisites. Therefore, if you have a dilapidated banknote in your hands, do not lose hope. Compare it with the following signs to determine the possibility of exchange.
The bank accepts banknotes for exchange:
- scuffs and dirt, allowing to determine the drawing (shape) of the banknote;
- glued tears not exceeding ¼ of the width (length) of the banknote;
- glued corners or pieces not exceeding 1 sq. cm, which are parts of this particular banknote;
- small spots, no more than two inscriptions and imprints of stamps (except for stamps certifying withdrawal from circulation, forgery or the status of a banknote sample), which do not interfere with the identification of the authenticity of banknotes and do not overlap more than 50% of one of the security signs;
- no more than two punctures not exceeding 1 mm in diameter.
When providing banknotes of worse condition than those described above, and not falling under the category of unusable (below), the Bank charges a commission fee of 5% of the nominal value of the banknotes.
A banknote is considered unusable in the following cases:
- if it is torn to pieces, including glued;
- the geometric size of the banknote has been changed by 3 mm or more;
- there are scuffs and dirt that do not allow identifying the image (drawing, portrait, shape) of the banknote;
- banknotes have become soft, having significantly lost the degree of hardness;
- the original color has been changed or discolored;
- more than 50% of one of the main signs of payment is filled with oil, paint or ink;
- exposed to chemicals;
- the image (drawing, portrait) has been largely changed due to deliberate damage, the denomination has been changed, security threads have been removed, there are significant inscriptions;
- there is an obvious print defect (absence or improper positioning of a watermark or security threads), non-printing or blurred images.
Banknotes withdrawn from circulation after the date announced by the issuing bank of a foreign country, having stamp imprints indicating that the banknote is withdrawn from circulation, or that the banknote is not genuine or a sample, are recognized as unfit for circulation, and foreign exchange transactions with such banknotes are not implemented.
Banknotes that fall under the above description are accepted by the bank only for transfer to collection. In this case, a commission of 3% of the denomination of the banknotes is applied. Further, this banknote will be transferred to external banks for exchange. In case of exchange, the Client will additionally compensate the commission of the external partner bank.