US Dollar Bills Validity

Discussion in 'Travel' started by rabby, Apr 26, 2019.

  1. rabby

    rabby Well-Known Member

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    I have a series 1999 and a 2006 A $100 Bills from an old trip way back. I'm not up to date with the latest notes are they still valid and not phased out? Planning to convert it to peso next week :)

    Thanks in advance!
     
  2. bus

    bus Active Member

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    US dollar notes do not expire. But the "decision on whether to accept, or not, any bill is up to the bank, business or individual" according to an embassy official. But here in the US, walang problema. Even the $2 bill, still get it, once in a while, as change at 7-Eleven.
     
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  3. hitme64

    hitme64 PhilMUG Addict Member

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    Valid and convertible. But why sell when you might be able to use it in some future foreign trip? Sayang naman.
     
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  4. Juice

    Juice PhilMUG Addict Member
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    If you have the cash, you might want to deposit it in a dollar account for safe keeping and to be sure that when you withdraw them, they'd give you a receipt and series of the money(do they still do that?). Around 2005, I withdrew money from BPI and went to the US, deposited my left overs, and Bank of America found one fake 100 dollar bill. Unfortunately, I lost the BPI receipt.
     
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  5. topaz

    topaz Active Member

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    @Juice - you should have tried going back to BPI, I'm certain they have a copy of the serial nos.
     
  6. generator_g1

    generator_g1 Member

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    My uncle gave my mother some dollar bills to convert to pay some minor bills and when she went to the bank and money changer, they did not accept the dollar bills for conversion. Di ko lang alam what year ung dollar bills na yun but since my uncle is a senior citizen sa US, baka old serials pa yun.
     
  7. Juice

    Juice PhilMUG Addict Member
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    They didn't have a copy.
     
  8. Hero33

    Hero33 PhilMUG Addict Member

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    For as long as the Americans want to stay a world power they won’t expire their currency.

    Use of their currency is a political tool and maintains their recognition in the world, and shows economic consistency and stability.

    Google Iraq war and you’ll see how they were dropping billions of dollars in crates for certain groups to use.

    Also, there are many groups that bury their dollars in the ground like we Filipinos keep it under the bed. Wouldn’t want all that currency to go bye bye.
     
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  9. pandecoco

    pandecoco Member

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    When I withdraw usd from local banks I always get the list of its serial numbers. And keep that receipt.
     
  10. rabby

    rabby Well-Known Member

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    wow thanks for the replies guys! I am not getting emails for replies so I forgot about this thread so sorry! thanks for your inputs! I am a bit skeptic for exchanging in PH, you need to fill out forms etc unlike in other more developed countries, wala ng ID, kaliwaan agad if they find your bills legit.
     
  11. rabby

    rabby Well-Known Member

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    do you think the US Embassy can exchange it? I considered it an option if I get in to this situation, although I haven't inquired.
     
  12. raypin

    raypin PhilMUG Addict Member

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    Mm....not possible. It is a diplomatic mission, not a financial institution. Besides, only BSP-authorized institutions like banks and forex dealers can legally exchange foreign currency to PHP and vice-versa.
     

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