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Can soiled and mutilated banknotes be exchanged for value?

April 26, 2017banknotes exchanged mutilated soiled value

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Can soiled and mutilated banknotes be exchanged for value?

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Yes. Such banknotes can be exchanged for value. Where are soiled/mutilated banknotes accepted for exchange? All banks are authorized to accept soiled banknotes for full value. They are expected to extend the facility of exchange of soiled notes even to non-customers.