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Technically all current-size Federal Reserve Notes, U.S. Notes, and silver certificates are legal tender. However, some businesses may be reluctant to accept older bills because they were much easier to counterfeit.
If you have old bills you should also find out if they have any collector value that's higher than their face value. For example, some old $5 silver certificates can sell for $10 or more to a collector, so you wouldn't want to spend one and just get 5 bucks for it.
Also, many businesses do an extremely poor job of educating employees about the coins and bills that are currently in circulation. There have been numerous cases, some ending up in court, where clerks refused to accept $2 bills, half dollars, or the new presidential dollar coins as legal money.
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How long will banks accept the old US dollar bills?
Forever its always going to be considered currency. They will never be abale to get them all out of circulation
Why are the Treasury bills a favorite place for financial manager to invest excess cash?
Treasury bills are safe investments for people and businesses. Many people invest in treasury bills to offset risks in their portfolios.
Where I can exchange your old dollar bills?
A person can exchange their old dollar bills at their local baking establishment. They may also exchange the bills for cash through a collector or dealer.
Will banks change out of circulation bills?
Yes, banks are required to take obsolete bills and return them to the Treasury. However, taking an old bill to a bank generally isn't a good idea because they're only permitted to exchange them at face value. High-denomination bills, very old bills, and (sometimes) unusual bills can be worth more to a collector or dealer.
Where do they accept credit cards for a business or businesses?
Many businesses accept payment by credit cards according to information available on the internet. The information states that if a customer or other business department offers a credit card then that method of payment is acceptable as long as their is not a history of bad debt. A history of bad debt would require a direct bank transfer payment or cash payment.
Which businesses do not accept American Express?
Businesses will post the credit cards that they accept.
How long will banks accept the old US dollar bills?
Forever its always going to be considered currency. They will never be abale to get them all out of circulation
Are businesses required to accept checks?
No -------------------- The short answer is no. State laws have some requirements for businesses to accept forms of payment, but generally speaking - a business owner can choose what form of payments they will accept including 'cash only'.
Can a hospital deny small payments for medical bills?
No, they have to accept it.
What kinds of companies will accept an online payment for bills?
Many kinds of companies will accept an online payment for bills. Some of the companies include telecommunications providers, such as Verizon Wireless, that one can handle payment for bills through an online process.
Why do businesses that accept credit cards have to pay a fee?
Businesses that accept credit cards have to pay a fee to partially cover the cost of the transaction being processed by the card company. Businesses accept credit cards to keep the consumers purchasing from them, so they also pay the credit card fees for be able to process transactions this way.
Can you use the Euro in the US?
No. While it is not the currency of the US, some individual businesses might accept, such as businesses in the tourism industry.
How many 50 dollar bills are in a bank bundle?
All US currency bills are originally bundled in bank straps of 100 bills after printing.*Because circulated currency is thicker, smaller bundles of 20 fifty-dollar bills may be handled by businesses and financial institutions, because it represents an even $1000. Other businesses will make bundles of 50 bills regardless of denomination.
Are 1981 100 dollar bills still in circulation?
Yes, 1981 100 dollar bills are still considered legal tender and can be used in circulation. However, they may be less commonly seen due to their age, as newer designs of the 100 dollar bill have been introduced since then. It's always a good idea to check with banks or businesses to ensure they will accept older bills.
Why are the Treasury bills a favorite place for financial manager to invest excess cash?
Treasury bills are safe investments for people and businesses. Many people invest in treasury bills to offset risks in their portfolios.
Can you spend 2 dollar bills and dollar coins?
Yes, both $2 bills and dollar coins are legal tender in the United States, so you can spend them just like any other form of currency. However, not all businesses may readily accept them, so you may need to check before trying to use them.
What businesses accept car care one credit cards?
It will tell you on the back of the card
