Despite the fact that today more modern technologies are used when printing banknotes with additional protection of the paper from various damages, the base is still susceptible to defects from contact with water, grease, paint, chemicals, etc.
Yes, the new money is much more durable compared to banknotes issued 20 or 30 years ago. However, signs of wear, especially with frequent use or improper storage of banknotes, appear quite often. And they lead to the fact that you cannot use the dollars or euros that you keep for purchases or exchanges.
Fortunately, today worn-out currency can be exchanged for valutahub.com.ua, having received almost the same amount. Unless, perhaps, with the deduction of commission. And there are several different ways to replace old money, which differ in terms of execution time.
Under what conditions are old dollars and euros exchanged
Not all worn-out dollars or euros can be exchanged. It is important that at least 55% of the bill is preserved. This is necessary in order to fully identify its denomination and originality. Otherwise, replacement becomes unavailable and the money itself cannot be used.
The reason for damage to the banknotes does not matter. If the expert manages to identify dollars or euros after analysis, it does not matter how exactly they were damaged:
- drawn or painted;
- washed with bleaches or stain removers followed by paint removal;
- torn;
- with heavily worn edges;
- damaged by mold due to improper storage of banknotes in a too humid room, etc.
How long does the procedure for replacing worn-out currency take?
In fact, the speed of the procedure will depend on which method you chose to get a new one in exchange for the worn-out currency. The procedure can be performed:
- Bank. In this case, it is called collection and involves the exchange of old dollars or euros and sending them to the country where they were printed. Obviously, this process takes more time than when the money is analyzed by experts on site. Collection may take 2-3 weeks. However, for a number of reasons beyond the control of the bank, the procedure sometimes drags on for several months. Moreover, if the experts who review the currency decide that it cannot be replaced, you will be denied the procedure.
- Special companies. A number of companies specialize primarily in appraising and replacing worn-out dollars and euros. Experts work with banknotes of different years of issue and varying degrees of damage. The main thing is to find a reliable company that offers the most favorable conditions for you. Including the minimum commission.
By contacting their specialized companies, you can count on a quick replacement of worn-out currency. And already at the first meeting with experts you will receive a new banknote.
