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Normally a bank is allowed to replace a torn bill only if at least 2/3 of it is intact, including at least one entire serial number. That's to prevent people from cutting bills in half and redeeming both at full value.

Bills with other kinds of damage can be replaced but only by the Treasury after an evaluation of the damage. Example damages would include fire, water, insects, mildew, rodents, etc.

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13y ago

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