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Environment50 million euros: what happens to the flood-damaged German money

50 million euros: what happens to the flood-damaged German money

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Damaged after the flooding in Germany banknotes (mood, fuel and other) are send to specialists in Bundesbank in Mainz, checked, cleaned and replaced with new ones.

At the same time, it has been criticized for the time being: Johannes Berman from the bank’s office, responsible for the bank’s cash.

Unusual work is not for peiople with a sensitive sense of smell: Arriving damaged banknotes, wrapped in foil in bundles, smell hot when packed. The experts carefully clean them, removing the dirt from them, after that they cleanse and smooth them. Other employees still trust and reassure them. For their owners, this service is completely free. The children are registered and restored to the citizens.

For this, however, two conditions must be met: of each half-term banknote, at least 50 percent “plus a little more” must be left.

In addition, these banknotes must be genuine, not counterfeit. Counterfeiters, who are trying to get counterfeit frozen banknotes at the bank, have no chance, the representative of the Bundesliga believes.

How do you send papers?

Individuals can deliver the changed banknotes directly to the Bundesbank, to the bank where the client is, or to send them by mail. The main assets in Mainz are worth a total of 51 million euros from the branches of the Bundesbank in Cologne (25 million), Dortmund (12 million), and Koblenz (10 million). For comparison: the Center for the analysis of counterfeit or counterfeit banknotes in Mainz usually sells around 40 million euros for a whole year.

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