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Posted

My mom sent me a small birthday gift this week. She sent one $5 dollar bill and one $20 dollar bill. I am not sure I can exchange small bills like that with my bank. Does anyone know?

Posted

I remember trying to exchange some $1 dollar bills once and they would not do it because the denomination was too small. Maybe it was the particular place I was at. Who knows?

Posted
I remember trying to exchange some $1 dollar bills once and they would not do it because the denomination was too small. Maybe it was the particular place I was at. Who knows?

Most banks show a range of rates depending on the size of the bill you are changing, with smaller bills getting a significantly worse rate. Anyway, the fact that they post the rates indicates that they are accepting the smaller bills.

Posted

It shouldn’t be a problem.

I have a bag of mixed small note currencies for travelling. Having been caught out once when some Malay ringgits went out of circulation, I now change the older notes every year or so without problem.

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