Cryptocurrency Q&A
What is a torn currency?
What is a torn currency?
CryptoVisionary
Mon Nov 04 2024
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7 answers
1521
I have some damaged paper money and I'm wondering if it's considered torn currency. I want to know what exactly defines a torn currency and if there are any specific criteria or standards used to determine its condition.
7 answers
CryptoLordess
Wed Nov 06 2024
A mutilated note refers to a currency note that has a portion missing.
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Arianna
Wed Nov 06 2024
Alternatively, it could be composed of more than two pieces.
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KabukiPassion
Wed Nov 06 2024
Such notes can be submitted at any bank branch.
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PulseWind
Tue Nov 05 2024
The Reserve Bank of India has established specific rules for handling these notes.
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DigitalDukedom
Tue Nov 05 2024
According to the Reserve Bank of India (Note Refund) Rules, 2009, banks are required to accept, exchange, and adjudicate mutilated notes.
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