Financier reveals to Russians the main reason why banks refuse to accept dollars
Recently, Russian and foreign banks have increasingly refused to accept old dollar bills.
Financier Lazar Badalov named the main reason why this is happening.
Due to sanctions, Russian banks have faced serious restrictions when sending cash currency to Europe and the US, Prime reports.
Currently, they cannot directly send old dollar bills and receive new ones in exchange.
Exchanging old money abroad without restrictions is difficult, expensive and time-consuming.
That's why banks prefer not to engage in such operations.
Badalov explained that old dollars issued before 2009 are more difficult to exchange due to the high risk of counterfeiting.
Although there are no official bans on the use of worn, old bills in the United States, in practice banks avoid accepting such dollars.
Banks are increasingly refusing to handle old dollar bills because exchanging such money is becoming difficult and expensive.
