The bank will replace it if you have both serial numbers complete.
It depends on the bank. Some banks require at least 3 corners of the bill. Some require more than 51% of the bill. And some require both serial numbers. It all depends on what bank you go to.
It depends on how much is torn and if you have both sides. As long as you have at least 2/3 of the bill including at least one serial number it still retains its full value and can be exchanged at your bank for a new bill. So basically whatever bill you have in this case on the $500 if you have part of the bill that makes it to at least President McKinley's nose from either side then it will still be worth $500. Small tears where the bill isn't fully severed still retains its value as well.
No matter how old a 2 dollar bill is, the sad truth is that it is STILL worth 2 dollars.. They are uncommon, but aren't really RARE...
As long as more than half of the bill is still there, it can be used. If you're concerned about the condition, you can trade it in for a new bill at a bank.
Torn may be used as a verb (such as in the sentence "I have torn the paper") or as an adjective ("The paper is torn").
It depends on the severity of the tear. If the bill is more than half intact, it can still be used in most cases. However, if it's significantly damaged or missing an essential part, it may not be accepted by vendors or banks. It's best to exchange torn bills at a bank for a replacement.
Yes, you can. Torn money can be taken to any bank near you and you can submit it with the bank and request for fresh notes issued. The bank would issue you a new bill that matches the value of the torn note you gave them. Let's say a $50 bill that you have was torn and you give it to a bank, they will give you a fresh $50 bill in return.
Banks are allowed to replace torn currency. However the piece you have has to have the complete serial number and be at least 2/3 of a complete bill. Those conditions are intended to prevent people from cutting bills in half and redeeming each part for the full value.
2 billion dollars
Take it to any bank they will change it. Value you will get depends on the quality of the bill.
2 billion dollars