US Dollar Bills with Visible Damage No Longer Accepted in October

The US government is introducing new security measures to enhance the authenticity of its currency. As part of this effort, certain dollar bills will no longer be accepted by businesses and stores in October.

The Bureau of Engraving, the Secret Service, and the Advanced Counterfeit Deterrence (ACD) Steering Committee have implemented a policy requiring US stores, businesses, banks, and ATMs to reject 'mutilated' dollar bills. A note is considered mutilated if it has been damaged by fire, improper handling, or natural deterioration.

The Federal Reserve issues seven denominations of US currency: $1, $2, $5, $10, $20, $50, and $100. Higher denomination bills like the $500, $1,000, and $10,000 will only be rejected if they are deemed 'mutilated'.