How Much of a Torn Dollar Bill Must Still Be Intact to Use It?

According to the United States Secret Service, a torn or damaged dollar bill must retain more than half of its face value in order to be regarded lawful cash. When a bill is torn, mangled, or otherwise damaged, it must be redeemed at a bank.

If a bill is of uncertain value or a bank refuses to accept it in exchange for an undamaged bill of equivalent value, it should be sent to the United States Bureau of Engraving and Printing for redemption. The Bureau of Engraving and Printing states that if less than half of a damaged bill remains or if the bill is severely damaged, professionals decide whether the money is redeemable. If the bill is determined to be valid despite the damage, the Bureau of Engraving and Printing issues a check to the Treasury in the amount of the damaged currency.

Joel Gomez
Joel Gomezhttps://www.gadgetclock.com
Joel Gomez is an Avid Coder and technology enthusiast. To keep up with his passion he started Gadgetclock 3 years ago in 2018. Now It's his hobby at the night :) If you have any questions/queries and just wanna chit chat about technology, shoot a mail - Joel at gadgetclock com.

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