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When i was washing my clothes, i did not notice the money inside the pocket of my pants?

As a result, the shiny strip on my AED 500 has faded, but the money is still in a single peace. Serial number is still there but i know that i cannot spend this anymore. Can i ask the bank to change my money? Thanks

Update:

Thanks for the answers, follow up question, how many days it will take to get feedback from the bank?

Update 2:

Hi H, the security strip which is inside the money is not gone. The one that has faded was the shiny strip with hologram of UAE symbol which is found only at the surface of the money. Thanks

Update 3:

Thanks guys!

5 Answers

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  • WOrD
    Lv 7
    9 years ago
    Favorite Answer

    As Dutch says , the bill value is guaranteed by the government , just take it to the bank and tell them you need it replaced . they will check the bill to be genuine and send it back to central bank , and they will be compensated later.

    edit:

    1 downside to new 500 bills , Etisalat/DEWA machines don't take them. Better for him to get other denominations if he was planning to pay any bills using that machine.

  • ?
    Lv 7
    9 years ago

    You might have washed a faked ADE 500 bill because when washing bank notes the security thread will neither disappear nor fade.

    edit: you still can use the bank note in any store because it will still be considered as real. When taking to the bank you should get the bank note exchanged immediatly.

    Source(s): common knowledge
  • Ethel
    Lv 4
    5 years ago

    My husband doesnt empty his pockets either, at first it was really irritating, then I found my first $20. After that I happily check pockets, any money I find I keep, I call it my payment for doing the chore. I have a whole jar of rainy day fundage just from the laundry, and you better believe Im not spending it on him!

  • 9 years ago

    You can ask any bank, but they'll send it to the UAE Central Bank for investigation.

  • 9 years ago

    its normal , just iron it lightly and use it as normal .

    if its rejected by few shop keepers then u can aproach bank ..

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