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Does the bank exchange burnt money?

Updated: 9/21/2023
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10y ago

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It depends on how severely burnt it is. Banks are able to accept unfit currency at their discretion, but the typical standard is that 3/4 of the bill is intact and/or there are two matching serial numbers present. You should take the money to your bank and ask if it qualifies under their policies for unfit currency.

You can also send unfit or mutilated currency to the Federal Reserve (in the United States) directly, via instructions found on their website.

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Q: Does the bank exchange burnt money?
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