On October 8th, the Federal Reserve began distribution of the newly redesigned $100 bills. The long-awaited new bills were designed with additional counterfeit prevention measures, including a blue three-dimensional security ribbon and color alternating ink. The Federal Reserve began distribution to banks on October 8th, but the old currency design will remain in circulation, so it may take some time before you see the new bills in your stores.
The Treasury Department and the Federal Reserve have a dedicated website for the new bill design, which includes education resources for retailers and additional information on accepting the new bill in your stores: Resources for the Retail Industry. Note: the Federal Reserve is not funded through Congressional appropriations and is not affected by the current government shutdown. Please let us know if you experience any issues with the new bills once their circulation expands to more retail locations over the next few weeks.
