Money Currency Exchanger

Money is not indestructible and can become severely damaged, either through normal wear or a more tragic event. Older generations may store money in their homes only to discover it is nibbled on by mice. For luckier people, a rusty tin can containing a wad of decomposing bills is found in the yard. Most commonly it is damaged by fire, water, rodents, insects or through the act of being buried. Regardless how the money damage occurs, there is recourse.

The Bureau of Engraving and Printing is the government agency which reviews claims and reimburses for mutilated banknotes. The Federal Emergency and Management Agency (FEMA) states 30,000 claims are submitted each year and reimbursement checks totaling $86 million are sent out by the Bureau of Engraving and Printing.