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Daniel
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Daniel asked 4 months ago in Banking

Can stamps be used as currency? Are banks required to accept them as they would cash?

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David Jacobs, PhD, CFP
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No, banks are not required to accept them as currency.

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Mike
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Mike responded 4 months ago

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Are we talking about U.S. Postal stamps or a foreign currency that uses stamps for currency? If your talking about U.S. Postal stamps, I do not believe they would accept them.

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