Acceptance of USD bills [duplicate]
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I have some USD bills of 2003-2006. The money changers in India do not accept them. Some accept but offer the exchange at 10% discount than the quoted rate. Are the bills legal tender. I also have smaller denomination bills of 2009-2-13. What about their validity?
Best Answer
Try a major bank. They may offer a smaller discount or sending the notes physically to their US correspondent for a fee - this may take a few weeks but may be cheaper.
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What happens when you turn in a counterfeit bill?
Under federal law, the use or attempted use of counterfeit currency is illegal if the person has the intent to defraud the recipient. A conviction for the offense carries up to 20 years in prison and a fine.What is the easiest US bill to counterfeit?
The $20 bill is the most commonly counterfeited banknote in the U.S., while overseas counterfeiters are more likely to make fake $100 bills. The real $100 bills are more prevalent overseas as well, according to the Federal Reserve Bank of San Francisco.Can I use old 100 dollar bills?
No, you do not have to trade in your old-design notes for new ones. All U.S. currency remains legal tender, regardless of when it was issued.How do you detect counterfeited bills?
Here is a list of eight ways to tell if a bill is real or counterfeit:How to spot a fake 100 dollar bill
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