Most of the time, vendors and businesses will refuse to accept torn money from customers, rendering them useless.
So, what would happen if a person receives torn money from an ATM?
The Pedoq, what is this behaviour? X page recently shared the plight of a man who received a torn RM20 note from an ATM. The worst part came when the ATM refused to accept the torn note when the man attempted to bank it back into the machine.
He wrote, “What an inconvenience. I went to withdraw money earlier and I received a torn note. After that, I tried to bank the torn note back in, but the machine rejected it. I apologise in advance, to whichever roadside vendor that I will use this note with later.”
The man also showcased images of the situation, with 1 picture showing the torn RM20 note he received from the ATM and another showing the ATM rejecting the note when he attempted to bank it back in via the deposit option.
Many have since pointed out that the man can queue up in the bank (if the bank is open) to physically change the note with a bank teller, and that he can still apparently use the note if the serial number is undisturbed by the tear.
“My neighbour is a banker who has told me that, as long as the serial number is still intact, it can be used. This means that if the note is torn until there is no serial number, then it cannot be used or changed. If a vendor accepts this particular note, they can go to a bank and change it at the counter.”
“I would rather change it at the bank than get scolded by vendors.”
“They should accept it at the counter.”
“Then, it has become an errand. Having to go and queue up at the bank’s counter just to change the note. I’m too lazy to do such frivolous things.”
What would you have done if you were in the man’s position? Do feel free to share your thoughts in the comment section.
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