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South Korean Washing Money Over COVID-19 Fears, Suffers Huge Loss

A South Korean who fears the virus of coronavirus took it too far. He or she put banknotes in a washing machine to remove possible traces of the coronavirus and soon realized it was not a good idea.

Living in Ansan City, near Seoul, the person put it about 50,000-won ($42) bills in a washing machine in an attempt to wash it from coronavirus earlier this year.

 

Some of the money was damaged badly and the person who did it quickly reached out to the Bank of Korea to find whether it could be exchanged for some new bills.

Under bank rules of the exchange of damaged, mutilated, and contaminated banknotes, the person was provided with the new currency totaling about 23 million-won ($19,301), said the Bank of Korea.

The number of 50,000-won bills the bank exchanged at half value was 507 said the bank official Seo Jee Woun. She said the damage is too big so the bank did not count the number of bills.

She said the bank official didn’t know exactly how much the person tried to wash and said the loss would still be “considerable”.

The money actually was condolence money given by relatives, friends, and others during a family funeral.

Source: AP News

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