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Do Banks Take Broken Notes



While unfit notes can continue to be used, you can assist in the removal of unfit notes from circulation by exchanging them at your bank, credit union or building society.If 20 per cent or more of. A damaged banknote is a genuine Bank of England banknote that has been accidentally torn or damaged. Claiming for a damaged banknote As a general rule, we will only reimburse you with the face value of a damaged banknote if you still have at least half of the banknote. The rule states that the banks cannot refuse to accept such notes the only condition being that they should not be fake. If any bank refuses to take the currency notes, then you can register a complaint with the RBI, after which action can be taken against that bank.


Torn currency notes can be changed in any bank

Do Banks Take Broken Notes - Rowan Casino

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