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Basically, most of the bank's counters can carry out exchange business, and it is difficult to judge that your situation is just one in two, so it is best to go to the counter and ask to see what they say.
The "Measures for the Exchange of Defective Renminbi" stipulates that if the mutilated renminbi falls under the following two circumstances, the full amount of the currency shall be exchanged with the bank's business department. First, the mutilated part of the ticket does not exceed one-fifth.
1. The rest of the patterns and words can be connected as they are; Second, the face of the ticket is defaced, scorched, wet, soaked in oil, discolored, but can distinguish the true from the false, the complete or incomplete part of the ticket does not exceed one-fifth, and the rest of the part can be connected as it is. If the mutilated RMB falls under the following circumstances, it can be exchanged for half amount. If more than one-fifth to one-half of the face of the coupon is mutilated, and the rest of the designs and characters can be connected as they are, they can hold the currency and exchange it for half of the bank's business department, but they are not allowed to circulate and use it.
Incomplete renminbi cannot be converted under any of the following circumstances: First, more than half of the face of the ticket is mutilated; Second, the face of the ticket is defaced, scorched, wet, and discolored, and the authenticity cannot be distinguished; Third, they were deliberately excavated, altered, cut-and-paste, pieced together, and peeled off one side. The People's Bank of China shall recover and destroy the mutilated renminbi that cannot be converted, and shall not be circulated for use.
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Only half of the remaining cannot be redeemed, it must be greater than half.
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1) If the denomination can be distinguished, 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. I hope my reply can be helpful to you and I wish you a great day
How to exchange broken RMB?
1) If the denomination can be distinguished, 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. I hope my reply can be helpful to you and I wish you a great day
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Counterfeit currency cannot be exchanged, and the exchange standards for damaged currency are as follows:
1. Full redemption:
1. The damage is very small, and the remaining part is more than 3 4;
2 Though it is broken, it is possible to fit the pieces together;
3. Fouled and scorched, but the signature, number, text, pattern, etc. are recognizable.
2. Half Redemption:
The remaining part of the damaged coupon is more than 1 2, but not enough 3 4.
3. No exchange:
1. Smoked water, oil-stained, or smeared coupons, which cannot be distinguished from the fake after identification;
2 The remaining part is not enough 1 2;
3 Patchwork together that does not match;
4. Damaged banknotes that are not commonly used, such as sample coupons, invalid coupons, etc.
The damage of the damaged banknote is suitable for the first section.
1. The second stipulates that if the suspect is deliberately damaged, the bank will not exchange it.
In order to avoid disputes in the future, the bank requires that all damaged coupons with special circumstances should be exchanged for special circumstances, in addition to asking the local judicial authorities to issue a certificate, they should also fill in the "application for the exchange of damaged coupons", and the amount that can be exchanged should also be signed and sealed by the coupon.
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It can be exchanged for half of the value of going to the bank and there is a window for residual coins.
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1. Any person who is damaged or damaged in one of the following circumstances shall exchange the currency with the bank in full amount;
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 (as shown in the picture above);
2.The face of the ticket is defaced, scorched, wet, soaked in oil, discolored, but can distinguish the real from the fake, 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 (as shown in the picture above);
2. 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; The currency should be exchanged with the bank according to half of the original denomination, and shall not be circulated (as shown in the figure below);
3. Any damaged RMB that falls under one of the following circumstances will not be convertible (as shown in the figure below);
1.The face of the ticket is damaged 1 2 or more;
2.The face of the ticket is defaced, scorched, wet, soaked in oil, discolored, and cannot distinguish between the real and the fake;
3.Those who deliberately dig up, alter, cut and paste, or remove one side of the damaged renminbi that are not exchanged shall be destroyed by the People's Bank of China and shall not be circulated for use.
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Can I go to the bank to change the broken RMB?
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The Measures of the People's Bank of China for the Exchange of Defective and Defaced Renminbi, which came into effect on 1 February 2004, clearly stipulate this.
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, and the mutilated or defaced RMB shall be exchanged in full to the holder.
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It can be exchanged with any bank, and each bank is obliged to exchange the broken RMB.
Whether it's a $100 face value or a 2 cent face value! (A penny cannot be exchanged in half, it can only be processed).
This contributes to the normal circulation of the renminbi.
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In one of the following circumstances, if the damaged RMB can distinguish between the real and the fake and the denomination, the financial institution shall exchange the full amount of the original denomination to the holder:
1) More than three-quarters (including three-quarters) of the remaining face of the ticket, and the remaining part of the pattern and text shall not be patchwork.
2) The face of the ticket is defaced, scorched, wet, oil-soaked, ink-stained, discolored, corroded, etc.
3) The occurrence of dirty, folded, skewed cutting, inverted watermarks, missing prints, duplicate codes and other situations in the production process of RMB that has already entered the market.
4) The coin is perforated, torn, thinned, etc., and the pattern or text can be recognized.
If the remaining half (including one-half) to less than three-quarters (excluding three-quarters) of the RMB face value is damaged, and the design and words of the remaining part can be connected as they are, the financial institution shall exchange half of the original denomination to the holder.
If the redemption amount is less than one point, it will not be exchanged; If the five-cent coupon is exchanged for half of the amount, it will be redeemed for two cents.
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Go to the bank to change it, see how damaged you are, if it's just a missing corner, you can exchange it in full, if it's missing, you may only be able to change half of the face value, and you can't change it if you miss more than half.
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Can I go to the bank to change the broken RMB?
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You rescued it from the fire!
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