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Tuesday, September 28, 2021

Germany. The effects of the flood. Bundesbank – the central bank washes and cleans over 50 million euros

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The German central bank – Bundesbank – cleans damaged, flooded or soiled banknotes worth more than 50 million euros from the federal states of North Rhine-Westphalia and Rhineland-Palatinate. It was in these areas that in July there were great floods – reports the daily “Bild”.

The money comes from private individuals, banks and savings banks.

“The banknotes, often heavily contaminated with mud, sewage and heating oil, are cleaned, dried and checked by specialists from the Mainz Federal Bank so that people can get their money in fresh banknotes,” describes “Bild”.


Money cleaning by the German central bank

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“This is not a job for people with a sensitive smell: the contents of the packages may smell terrible when removed from the protective foil. Professionals thoroughly wash the banknotes, clean them from dirt, dry and smooth them. Others check and count them” – writes the newspaper.

Speed ​​is the most important thing in this whole process. “The process of cleaning the banknotes must take place as quickly as possible before they stick to a mass and become as solid as concrete,” Johannes Beermann, a federal bank board member and specialist at the Mainz damaged cash analysis center, explained to “Bild”.

In mid-July, floods in the aftermath of heavy rains struck Western European countries. North Rhine-Westphalia and Rhineland-Palatinate as well as south-eastern Belgium were the hardest hit. In Germany alone, over 180 people died, in Belgium there were over 40 victims. The element also caused great material losses.

Main photo source: Shutterstock

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