Updated
Updated · Fox News · Jun 7
Bank Reimburses $1,800 After 3-Year-Old Shreds $100 Bills for Crafts
Updated
Updated · Fox News · Jun 7

Bank Reimburses $1,800 After 3-Year-Old Shreds $100 Bills for Crafts

1 articles · Updated · Fox News · Jun 7

Summary

  • $1,800 in damaged cash was reimbursed after Anthony Kalejaiye's partner took the shredded notes — and a video of the incident — to a bank.
  • Amelia, 3, had cut up a stack of $100 bills left at home in Barking, London, while her father was preparing cash for a Nigerian family celebration.
  • Kalejaiye said he later learned mutilated U.S. currency can be redeemed if enough of each note remains identifiable, though the Bureau of Engraving and Printing has final authority on such claims.
  • The episode left him shocked and angry, and he said it taught him to keep cash more securely stored around the house.

Insights

He got his cash back with a video. Is this a banking miracle, or a standard procedure for mutilated foreign currency?
A toddler destroyed $1,800. What's the smarter way to manage foreign cash reserves at home beyond simply hiding them?