Which is it?!

This headline came up in my news feed, from a very dubious source so I decided to investigate.

Headline after headline, many from identical sources, about how Walmart and Bank of America are either going to stop taking $1 bills or keep accepting them. The headlines read like a FUD article and I refuse to click through to read the details.

I can’t find a reputable news source for this story so I’m assuming it’s fake news.

It shouldn’t be this easy to manipulate news feeds.

  • tomatolungEnglish
    8·
    2 months ago

    The BEP can still accept them, but I’m curious if BofA is actually doing this and if it’ll stand up. More FAQ’s can be read here

    What is considered mutilated currency?

    Mutilated currency is currency which has been damaged – to the extent that: (1) one-half or less of the original note remains; or (2) its condition is such that its value is questionable.  Currency notes can become mutilated in any number of ways.  The most common causes are fire, water, chemicals, and explosives; animal, insect, or rodent damage; and petrification or deterioration by burying.

    What is not considered mutilated currency?

    Unfit currency for redemption is currency which is unfit for further circulation because of its physical condition such as dirty, defaced, limp, torn, or worn.  Unfit currency should not be forwarded to Bureau of Engraving and Printing for redemption, but may be exchanged at commercial financial institutions.