SilenceStorm
Sat Oct 05 2024
|
7 answers
1466
Do banks accept torn cash?
Can you tell me, do banks typically accept torn cash as a form of payment or deposit? I've heard some rumors that they might reject it due to its condition, but I'm not sure if that's the case across the board. Is there a general policy or guideline that banks follow when it comes to handling torn or damaged currency? And if they do accept it, is there any sort of deduction or discount applied to the value of the cash based on its condition? I'd appreciate any insights you can provide on this matter.
