These procedures must be followed when depositing currency that has been damaged by or exposed to a contaminant or impurity that poses a health hazard or safety risk. The procedures do not apply to currency that has been exposed to a bio-terrorist agent (viruses, bacteria, or other germs used to cause illness or death in people, animals, or plants). Please contact your local Federal Reserve Bank cash office for specific instructions on how to deposit currency that has been exposed to a bio-terrorist agent.
Institutions that have executed a contract governing international currency activity in accordance with Section 3.1 of Operating Circular 2 that intend to deposit contaminated currency relating to such activity, must work with their servicing FRB to obtain instructions.
Currency may become contaminated due to:
Currency which has been damaged to the extent that its value is questionable is not handled by the Federal Reserve Bank. These notes, which are commonly referred to as mutilated currency, should be sent to the Bureau of Engraving and Printing, Mutilated Currency Division, Office of Financial Management for validation and redemption.
For more information, please visit: http://www.bep.gov/services/currencyredemption.html (Off-site Link).
Prepare contaminated currency deposits using the following step-by-step process. Deposits will be refused if these requirements are not met. Please contact your local Federal Reserve Cash office with any questions.
If proper advance notification of a contaminated currency deposit does not occur, or if proper packaging requirements are not met, the Federal Reserve Banks reserve the right to return the deposit to the financial institution. For more information, contact your local Cash office.
1All large size currencies; National Bank notes, small size; Federal Reserve Bank notes, small size; and Gold certificates, small size, series 1928 only.
The Federal Reserve does not accept deposits of Contaminated Coin. Customers who wish to deposit coin after decontamination should contact their FedCash Services contact.
You may reference the Center for Disease Control and Prevention (CDC) website for information on how to decontaminate coin.
Address comments and questions to the Federal Reserve Bank Services Webmaster.
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