Banks refuse to accept non-ideal cash dollars
Banks have almost stopped buying dollar cash from the public if it is not, as they themselves put it, in perfect condition. If there is even the tiniest spot, scuff, wrinkle or water mark on the bill, the credit organization will refuse to buy it, even if it sold it to the client earlier. As explained in bank branches, the reason is that customers themselves do not want to buy non-ideal dollars after the mass refusals to accept old and damaged banknotes, which Russians faced abroad.
For example, Ekaterina decided to buy several hundred dollars before her trip to Turkey. However, at the Sber branch nearest to her home, she was told that only $50 in normal banknotes was available. All other banknotes have some kind of flaw and may not be accepted abroad, especially in Turkey and Egypt. Nearby in the shopping center "Reutov Park" was a branch of the bank "Avangard", where they promised to exchange the freshest crisp dollars for rubles. However, Ekaterina was alarmed by the feedback from customers. Some of them were indignant that they had bought dollars in this branch and then tried to hand them over here, but they were not accepted.
It turned out that this is not just a private case, but a trend. Correspondents of Izvestia visited branches of several major banks, and everywhere they were told that only perfect dollar bills were accepted.
The same arguments were given there as in Avangard. After mass refusals to accept old banknotes or banknotes with small defects in Turkey and Egypt, citizens began to approach the purchase of currency for travel very carefully. Therefore, if people do not want to buy tampered banknotes, there is nowhere to share them.
"Previously, our large credit organizations had direct contracts with the largest American banks. Therefore, they could accept spoiled bills with a commission, take them out and exchange them. Naturally, because of the sanctions, all these contracts have been suspended," explained cash circulation expert Alexei Voylukov.
In the press service of VTB "Izvestia" confirmed that Russian banks have indeed changed the rules for accepting damaged dollars and euros.
"Previously, their acceptance was for sending them abroad for exchange. Now, due to sanctions, foreign markets are closed for Russian banks, and on the domestic market such bills are also not in demand. Therefore, banks accept only high-quality banknotes for exchange, and damaged ones will eventually be withdrawn from circulation," - said the credit organization.
According to Alexei Voylukov, not only in our country, but all over the world, dollars are now treated in such a way - old and dilapidated banknotes will not be accepted in the store, but will be sent to the bank for exchange. Hence the trend that customers prefer to buy cash in perfect condition, so as not to encounter problems during a foreign trip, the expert emphasized.
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