Do I need the holder to show proof of damage for the exchange of damaged RMB?

If the denomination cannot be discerned, a certificate is required.

Many people accidentally damage their coins, and many of them are caused by unreasonable money savings. Everyone knows that the residual currency can be exchanged at the bank, but they don't know much about whether the certificate needs to be presented during the exchange process.

I hope to solve the questions in everyone's minds about the remnant coin.

Introduction

What is the exchange standard for RMB residual currency?

Do I need a certificate for bank currency exchange? At this time, what you need to do is to tell the other party that your residual currency meets the exchange standards of RMB residual currency, and you can report it to the relevant departments to protect your legitimate rights and interests.

Pay attention to the followingAny mutilated RMB that falls under one of the following circumstances will not be exchanged

1) The face of the ticket is 1 2 or more.

2) Ticket face defacement, scorch, water moisture, oil immersion, discoloration can not distinguish the real from the fake.

3) Those who deliberately dig up, alter, cut and paste, piece together, or remove one side.

4) The exchange amount is less than 1 point.

Many people think that the exchange of residual currency is a very troublesome thing, in fact, it is not the case, as long as the residual currency meets the requirements of the relevant disadvantages, it can be exchanged at the bank, so when you encounter the residual currency, you can go to the bank to exchange, rent early remember: the relevant policy clearly stipulates: the exchange of RMB residual currency does not need to open a certificate, if the salesperson makes such a request to you, you can choose a large bank for exchange or to negotiate with a bank manager.

There is no need to issue a certificate. Go to a bigger bank for a change. Small savings banks generally do not like to change. You can exchange the full amount in various situations.

Probably not. You can go to the bank, as long as it is not destroyed more than half, you can exchange the full amount.

The exchange of residual RMB currency shall be carried out in accordance with the Measures for the Exchange of Defective and Defaced RMB.

The Measures stipulate that if the remaining three-quarters (including three-quarters) of the face value of the coupon is mutilated or defaced if the design and text can be connected as it is, the financial institution shall exchange the full amount of the original denomination to the holder; If the denomination can be distinguished, the remaining one-half (including one-half) to less than three-quarters of the face value, and the design and text can be connected as it is, or if the renminbi is defaced, the financial institution shall exchange it with the holder at half of the original denomination. If a quarter of the banknote is missing in the shape of a cross, it shall be exchanged at half of the original denomination. In addition, when a financial institution handles the exchange of defective or defaced RMB, it shall explain the confirmed exchange result to the holder of the defective or defaced RMB.

The mutilated or defaced renminbi that is not convertible shall be returned to the original holder.

There is no need to spill the bank is required.

(1) If the denomination can be distinguished, and the remaining three-quarters (including three-quarters) of the face value, and the design and text can be connected as it is, or if the renminbi is mutilated or defaced, the financial institution shall exchange the full amount of the original denomination to the holder.

2) If the denomination can be distinguished, the remaining one-half (including one-half) to less than three-quarters of the face value, and the design and words can be connected as it is, or if the renminbi is defaced, the financial institution shall exchange it with the holder at half of the original denomination. If a quarter of the banknote is missing in the shape of a cross, it shall be exchanged at half of the original denomination.

Article 5 If the amount of redemption is less than one point, it shall not be exchanged; If five cents are exchanged for half of the amount, two cents shall be redeemed.

When a financial institution handles the business of exchanging renminbi for defective or defaced renminbi, it shall explain to the holder of the renminbi that is mutilated or defaced the results of the exchange. The mutilated or defaced renminbi that is not convertible shall be returned to the original holder.

The details are as follows:

1) Full redemption: the damage to the face of the ticket does not exceed 1 4, and the rest of the pattern and text can be connected as it is; The face of the ticket is defaced, scorched, wet, soaked in oil, and discolored, but the authenticity can be distinguished, and the integrity or damage of the ticket does not exceed 1 4, and the rest of the pattern and text can be connected as it is.

2) Half exchange: the face of the ticket is damaged from 1 4 to 1 2, and the rest of the pattern and text can be connected as it is.

3) Any damaged RMB will not be exchanged under one of the following circumstances: the face of the damaged RMB is more than 1 2; The face of the ticket is defaced, scorched, wet, soaked in oil, discolored, and cannot distinguish between the real and the fake; Those who deliberately dig up, alter, cut and paste, and peel off one side. Damaged renminbi that cannot be exchanged shall be destroyed by the People's Bank of China and shall not be circulated for use.

The "Measures of the People's Bank of China for the Exchange of Defective and Defaced Renminbi" stipulates that all financial institutions that handle the business of depositing and withdrawing renminbi shall exchange mutilated or defaced renminbi for the public free of charge, and shall not refuse to exchange it. The redemption criteria are as follows:

1.Full redemption standard. Incomplete RMB can be redeemed in full under any of the following circumstances:

First, the face of the ticket is incomplete no more than 1, and the rest of the patterns and words can be connected as they are; The second is the face of the ticket defaced, scorched, wet, oily, discolored, but can distinguish the true from the fake 2Half Redemption Standard. The face of the ticket is mutilated from 1 5 to 1 2, and the rest of the pattern and text can be connected as it is.

3.Non-redeemable standards. If the mutilated RMB falls under one of the following circumstances, it will not be convertible

First, the face of the ticket is mutilated and more than 2; Second, the face of the ticket is defaced, scorched, wet, oiled, discolored, etc., and the authenticity cannot be distinguished; The third is deliberately dug up, altered, cut-and-paste, pieced together or peeled off one side, in addition, because of being stirred by the washing machine and become soft, discolored, discolored banknotes or cracked with transparent sticking inconvenient to circulate in the market, can go to the bank for the old for new. For tickets that are seriously damaged due to fire, insect moths, rat bites, mildew and other special reasons, the remaining area is small or seriously discolored due to pollution, the unit or village committee can prove that it is not a fake ticket after review, and it is legitimate, and it can distinguish the type of ticket, and the number and amount of tickets can be calculated, and it can be taken care of and exchanged.

According to the regulations of the People's Bank of China, banks are obliged to exchange residual currency

Full redemption provisions.

If the defective RMB falls under one of the following circumstances, the financial institution that handles the deposit and withdrawal business of RMB shall exchange the full amount to the holder:

More than one-fifth of the face of the ticket is mutilated, and the rest of the pattern and text can be connected as it is.

The face of the ticket is defaced, scorched, wet, soaked in oil, or discolored, but it can distinguish the real from the fake, and the face of the ticket is complete or mutilated not more than one-fifth, and the pattern and text of the rest of the face can be connected as it is.

Coins that have been damaged by rubbing during circulation can distinguish the front and back patterns or numerals.

Half-value of the original denomination is exchanged.

If the face of the coupon is more than one-fifth to one-half mutilated, and the rest of the design and text can be connected as it is, the financial institution that handles the deposit and withdrawal of RMB shall exchange the mutilated RMB to the holder at half of the original denomination.

No redemption rules.

If the mutilated RMB falls under one of the following circumstances, it will not be convertible

More than half of the face of the ticket is mutilated.

The face of the ticket is defaced, scorched, wet, oily, and discolored, and it is impossible to distinguish the real from the fake.

Deliberately digging up, altering, cutting and pasting, piecing together, or removing one side.

Article 22 of the Regulations of the People's Republic of China on the Administration of Renminbi clearly stipulates: Financial institutions handling the business of depositing and withdrawing renminbi in renminbi shall, in accordance with the regulations of the People's Bank of China, exchange the mutilated and defaced renminbi for the public free of charge, pick out the mutilated renminbi, and deposit them with the local People's Bank of China

In general, the procedure for converting damaged renminbi is to first identify it at the local currency, gold and silver department of the People's Bank of China (formerly the currency issuance department), and then go to any financial institution that handles RMB deposit and withdrawal business for exchange.

If a financial institution dares to refuse to exchange and complains to the local branch of the People's Bank of China, the People's Bank of China will give a warning to the institution that refuses to handle the defective RMB exchange business and impose a fine of not less than 1,000 yuan but not more than 5,000 yuan; Directly responsible managers and other directly responsible personnel are to be given disciplinary sanctions in accordance with law

The slogan of the People's Bank of China is: Love the society, serve the people!

If the mutilated surface of a piece is only one-fifth, it can also be exchanged for the original value, and if it is broken to only half, it can only be changed for half of the face value.