What do you do with damaged currency notes? / myLot

By Pitstop

@pitstop (15551)

Australia

November 3, 2022 9:28am CST

This is a water damaged 50 rs. currency note. I'd left it in my pant pocket and then washed it.

Anyway, the only way I can use this currency note is to take it to the bank and exchange it for a new note. They will exchange it if they feel it is an authentic note. I'm wondering if I should do that. If they feel it is not an authentic note, I will be in trouble. What can you do with water damaged currency notes in your country?

13 people like this

13 responses

Judy Evans

@JudyEv (382104)

• Rockingham, Australia

4 Nov 22

Our notes are made of some sort of stuff that can take going through the washing-machine. I've laundered some money in my time!

1 person likes this

Pitstop

@pitstop (15551)

• Australia

4 Nov 22

Australian currency does have a plasticity feel.

1 person likes this

Pitstop

@pitstop (15551)

• Australia

4 Nov 22

@JudyEv I've still kept one 20$ note from when we returned in 2014. It's still in decent shape and in my wallet!

1 person likes this

Judy Evans

@JudyEv (382104)

• Rockingham, Australia

4 Nov 22

@pitstop It might be polymer that it's made of. You can't tear it either.

1 person likes this

Show more comments

Anindita Sengupta

@aninditasen (18198)

• Raurkela, India

4 Nov 22

You can deposit it in the bank and get good notes.

1 person likes this

Pitstop

@pitstop (15551)

• Australia

4 Nov 22

I seem to have misplaced this one. Can't find it anymore

1 person likes this

Anindita Sengupta

@aninditasen (18198)

• Raurkela, India

5 Nov 22

@pitstop So you should let it go.

1 person likes this

Anna

@LadyDuck (502485)

• Italy

3 Nov 22

We do the same, we bring to the bank to exchange with a non damaged one.

1 person likes this

Pitstop

@pitstop (15551)

• Australia

3 Nov 22

Do they do the exchange easily at the bank?

1 person likes this

Anna

@LadyDuck (502485)

• Italy

3 Nov 22

@pitstop Yes they do, of course they check that it's not a fake.

1 person likes this

@DaddyEvil (174465)

• United States

3 Nov 22

We spend water-damaged currency here. The business turns the currency in and the bank might replace it or it might put it into circulation again. *shrug*

1 person likes this

Pitstop

@pitstop (15551)

• Australia

3 Nov 22

I wish it were that easy here.

1 person likes this

@DaddyEvil (174465)

• United States

3 Nov 22

@pitstop We get bills all the time that have stuff written on them, are torn in half and partly taped back together or missing one end of the bill. As long as the serial number is still legible and it is sort of together, places will accept it.

1 person likes this

M Cheung

@Beestring (15372)

• Hong Kong

3 Nov 22

I take them to the bank and get non-damaged replacement.

1 person likes this

Pitstop

@pitstop (15551)

• Australia

3 Nov 22

How easy is that? Do they ask a lot of questions?

1 person likes this

M Cheung

@Beestring (15372)

• Hong Kong

4 Nov 22

@pitstop It's easy. No questions asked.

1 person likes this

Eli The Guard

@DevMrSamEleazar (14164)

• Philippines

3 Nov 22

so I do is, fold it and hide the damage spot. and spend it. without them knowing

1 person likes this

Pitstop

@pitstop (15551)

• Australia

4 Nov 22

Aha. But in this note, the entire side is damaged.

1 person likes this

Eli The Guard

@DevMrSamEleazar (14164)

• Philippines

4 Nov 22

@pitstop yea I know. but you could fold it and just show the middle.

1 person likes this

youless

@youless (114117)

• Guangzhou, China

4 Nov 22

I don't know. But I think it is alright to go to the bank to exchange it. If it is not a big amount, then it is also OK to take a bus or buy something that is not expensive?

1 person likes this

Pitstop

@pitstop (15551)

• Australia

4 Nov 22

The bank is just across the road!

1 person likes this