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  #1  
Old 12-28-2004, 03:42 AM
Mr. Main Event
 
Join Date: May 2004
Posts: 766
stallion Level 1 (10)
Default Why do dominican business not accept torn money or mondey with writing on it?

I was wondering, why the dominicans do not accept torn money or scribbled cash? I mean it's money. Even the motochoncos do not accept it. The banks and government are real hard on that.
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  #2  
Old 12-28-2004, 07:38 PM
Gold
 
Join Date: Jan 2002
Posts: 10,970
Hillbilly Level 3 Hillbilly Level 3 (178)
Default Some months ago

There was a government decree against the defacing of paper money.

Now, if you should have a defaced note, you are obliged to take it to a bank for replacement. It is a hassle.

HB
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  #3  
Old 12-28-2004, 08:07 PM
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Join Date: Oct 2002
Posts: 8,449
Chris Level 3 Chris Level 3 (163)
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Yes, it is a hassle. The banks don't want it either!
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  #4  
Old 01-25-2005, 01:20 AM
Mr. Main Event
 
Join Date: May 2004
Posts: 766
stallion Level 1 (10)
Default

Quote:
Originally Posted by Chris
Yes, it is a hassle. The banks don't want it either!
Kinda funny, the banks dont want DR currency with writing on it or torn, however they would gladly accept foreign currency with writing on it. I think they should think this one over.
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  #5  
Old 01-25-2005, 01:32 AM
Silver
 
Join Date: Jun 2004
Posts: 383
liam1 Level 1 (10)
Default

Quote:
Originally Posted by stallion
Kinda funny, the banks dont want DR currency with writing on it or torn, however they would gladly accept foreign currency with writing on it. I think they should think this one over.

i don't know about the banks, but i had cambios refuse to take dollars because they were torn a little bit.
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  #6  
Old 01-25-2005, 09:20 AM
Pib Pib is offline
Goddess
 
Join Date: Jan 2002
Posts: 3,455
Pib Level 2 Pib Level 2 (100)
Default

Quote:
Originally Posted by Hillbilly
There was a government decree against the defacing of paper money.

Now, if you should have a defaced note, you are obliged to take it to a bank for replacement. It is a hassle.

HB
Maybe you actually have to go to Banco Central. I know that the banks refuse to take them.
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  #7  
Old 01-25-2005, 10:36 AM
Ken Ken is offline
Gold
 
Join Date: Jan 2002
Posts: 7,176
Ken Level 1 (30)
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You should have seen the money before they made this rule. It was dirty, torn, smelly. At least now they are trying to keep better quality bills in circulation.
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  #8  
Old 01-25-2005, 03:55 PM
Gold
 
Join Date: Mar 2004
Posts: 523
Bartolomeo67 Level 1 (10)
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Quote:
Originally Posted by Ken
You should have seen the money before they made this rule. It was dirty, torn, smelly. At least now they are trying to keep better quality bills in circulation.
Absolutely correct, before this law was voted, the dominican peso notes were the dirtiest I had ever seen.
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  #9  
Old 01-25-2005, 04:21 PM
Gold
 
Join Date: Mar 2003
Posts: 563
samiam Level 1 (10)
Default

Quote:
Originally Posted by Bartolomeo67
Absolutely correct, before this law was voted, the dominican peso notes were the dirtiest I had ever seen.
Ten peso bills are the dirtest, they should make them coins! On my way to the airport this morning, at the toll booth, I got handed down what must be, by far,the smelliest, dirtiest 10 peso bill ever to circulate our in our funky economy.
Looks like the window wiper kid at 27 con lincoln is going to make some money today!
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  #10  
Old 01-25-2005, 09:41 PM
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Join Date: Dec 2002
Posts: 7,570
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Chirimoya Level 3 Chirimoya Level 3 (178)
Default

Quote:
Originally Posted by Bartolomeo67
Absolutely correct, before this law was voted, the dominican peso notes were the dirtiest I had ever seen.
I take it you've never been to Haiti?
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