By MyBankTracker  Updated on Tue Nov 27, 2012

Quora Find: How to Safely Mail $1,000 Cash

 

The Quora community is an intelligent bunch and often they come up with fascinating responses to seemingly dull or routine questions. The top voted response to the question, “What is the safest way to send someone $1,000 cash (physical bills)?” is just one of those answers.

While most simply stated, “FedEx,” one user unearthed a truly original method to ensure your currency gets safely to the right hands:

“Get 10 new $100 bills. Cut them into thirds. Put all of the left sides in one envelope, right sides in another, and middles in a third. Send the envelopes separately.

1/3rd of a bill is not legal tender. Therefore, each shipment has no value. However, banks can reissue the money as long as you have > 51% of the material for each bill. Therefore, if one of the shipments is lost, the recipient still gets $1,000.”

He sources the U.S. Department of the Treasury, Bureau of Engraving and Printing.

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