Banks and exchange offices refuse to accept 100 dollar bills: Ukrainians explained the reasons.
National Bank of Ukraine explained the rules for exchanging hundred dollar bills
The National Bank of Ukraine published official explanations regarding the acceptance and exchange of hundred dollar bills in banks and exchange offices, as many citizens face refusals when conducting these operations.
The NBU's press service reported that all hundred dollar bills issued after 1914 are legal tender in the USA and must be accepted by Ukrainian financial institutions without restrictions. The regulator emphasizes that changes in the design of American currency do not affect its legality.
'The date of issue and the appearance of the bill cannot be a reason for refusing to accept it. The last design update of the hundred dollar bill occurred in 2013, but even earlier versions remain fully legal,' – says the NBU.
However, banks and exchange offices may refuse to conduct operations with dollar bills in two cases:
- if the bill is significantly damaged or worn
- in case of counterfeiting
Experts advise Ukrainians planning to exchange currency to check the condition of their bills beforehand to avoid problems during financial operations.
Read also
- In Ukraine, the only condition for refusing NATO has been named
- In Ukraine, the procedures for creating and functioning of foster families have been changed
- The State Statistics Service resumes mandatory reporting requirements for enterprises
- Ukraine's accession to the EU at the expense of the aggressor: proposal by the NBU head
- The Ministry of Education has updated the rules for distance learning: what will change
- Ukrainians will buy firewood at a price twice lower than the market rate
