More Burning Questions: What Happens to My Debt When I Die? The BEP handles about 30,000 claims a year to the tune of more than $30 million. The service is free and relatively routine. As long as three-quarters of a bill are intact, you can exchange it for a whole bill.įor more severe damage, you will need to submit your bills to the Mutilated Currency Division of the Bureau of Engraving and Printing, where it will be reviewed by U.S. If it's ripped into two pieces, tape them back together and take the bill to a bank, where they will make sure the serial numbers on both sides of the note match and give you a new one. You can use your cash as is if a corner is missing.
If Fido rips apart the contents of your wallet, or your kids think they can double their money by tearing your bills in half, all is not lost.
