As Secretary, Mr. Mnuchin is responsible for the U.S. Treasury, whose mission is to maintain a strong economy, foster economic growth, and create job opportunities by promoting the conditions that enable prosperity at home and abroad. Hours: Mon-Fri 8:00am - 5:00pm, Bureau of Engraving & Printing (BEP) Overview. Home. Thank you for your patience as each examiner carefully processes each claim. The BEP is experiencing a high volume of mutilated currency claims. Mutilated currency may be mailed or personally delivered to the Bureau of Engraving and Printing. Over a decade of research and development went into its new security features. Prior to this, on July 17, 1861, Congress authorized the federal government to begin issuing paper money in an attempt to ensure that the currency was safe from counterfeiting during the Civil War. Fifty percent or less of a note identifiable as United States currency is present and the method of mutilation and supporting evidence demonstrate to the satisfaction of the Treasury that the missing portions have been totally destroyed. They were last printed in 1945 but remained in circulation until 1969 when they were discontinued for lack of use. The mutilated currency has most often been damaged by fire, flooding, chemicals, explosions, animals, or insects. Department of the Treasury Until further notice, BEP is suspending the processing of submitted claims. The best method to contact the BEP’S Mutilated Currency Division for information about pending cases is via our email address: Regardless of the condition of the currency, do not disturb the fragments any more than absolutely necessary. If you utilize caller ID for incoming calls, please note that government phone numbers are not identified for security reasons. Home » Services » Redeem Mutilated Currency » How to Submit a Mutilated Currency Claim.
Mutilated currency may be mailed to the Bureau of Engraving and Printing.
Any fused, melted, or otherwise mutilated coin should be sent to the, Each case is carefully examined by an experienced mutilated currency examiner. Securities/Bonds, Administrative Standard claims can generally take from. of Inspector General (OIG), Treasury Inspector The Director of the Bureau of Engraving and Printing has the final authority for the settlement of mutilated currency claims.
Mutilated currency can be redeemed through the BEP. Also during World War II, then President Franklin Roosevelt had a very unique use for the Bureau's special siding and loading platform located in the basement of the Bureau's Annex Building. For more information of the procedures for redeeming mutilated currency, please visit the BEP’s website at: All mutilated currency should be sent by "Registered Mail, Return Receipt Requested." Strategic and Economic Dialogue, Alcohol and Tobacco Tax and $10 Note. $1 Note. Resource Center (ARC)- Bureau of the Fiscal Service, Treasury Lawful holders of mutilated currency may receive a redemption at full value when: Clearly more than 50 percent of a note identifiable as United States currency is present, along with sufficient remnants of any relevant security feature and clearly more than one-half of the original note remains; or. Until further notice, BEP is suspending the processing of submitted claims. The BEP prints billions of Federal Reserve Notes for delivery to the Federal Reserve System each year. Mutilated currency is currency which has been severely damaged – to the extent that its value is questionable or security features are missing. Steven Terner Mnuchin was sworn in as the 77th Secretary of the Treasury on February 13, 2017. The Director may provide information pertaining to any mutilated currency submission to law enforcement officials or other third parties for purposes of investigation of related criminal activity or for purposes of seeking a civil judgment; Whoever mutilates currency with the intent to render it unfit to be reissued may be fined and/or imprisoned. If it is absolutely necessary to remove the fragments from the container, send the container along with the currency and any other contents that may have currency fragments attached. BUREAU OF ENGRAVING AND PRINTING.