When can I tell my customers I’ll have new $100 notes?
When the new $100 note is issued the Federal Reserve will fill all orders for $100 notes with the new design. Several factors will affect when new $100 notes are available at your institution, including when your order for $100 notes was placed, the distance the notes must be shipped and the policy of your institution or currency supplier.
What if our customers want to exchange their old $100 notes for the new ones, and we don’t have sufficient supply to accommodate them?
It is important to understand that it is not necessary to exchange old-design $100 notes for new ones. All U.S. currency remains legal tender, regardless of when it was issued.
However, there will be sufficient supply to fill orders for the new $100 notes as they are received, should your customers request them.
I worry about insulting a customer if I am too obvious when checking money they have given me. How can I discreetly check the new note?
The 3-D Security Ribbon (a blue ribbon on the front of the $100 note with images of bells and 100s and the Bell in the Inkwell (a color-shifting bell inside a copper inkwell on the front of the note) reflect feedback from stakeholders who asked for more discreet ways to check notes. Both of these features can be used by simply tilting the note slightly. Visit our interactive note for information on how to use these, and other features, in the new $100 note.