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In the United States, you can exchange a damaged dollar bill for a new one if at least 51% of the bill is intact and identifiable. This means that more than half of the note must be present, and it should be recognizable as a legitimate currency. If the bill is severely damaged, the Bureau of Engraving and Printing may still redeem it if they can confirm its authenticity and value.

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3mo ago

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When is damaged US twenty dollar bill no longer any good?

A local banking representative would be able to relay such info to you - the decision to maintain a specific $20 bill in circulation is based on its condition (Is there writing all over? Is it half torn?, etc). If you have a damaged bill, you can exchange it at a bank as long as you have more than half of the bill. As bills come into a bank, they decide which ones are too worn and limp to continue circulating and return them to the Federal Reserve Bank where they are destroyed. The FRB replaces them with new bills.


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