Tips for storing paper money with low vision or blindness – CNIB

Tips for storing paper money with low vision or blindness – CNIB


Please view the video on using a Bank Note Reader for more information on how to identify individual paper bank notes. There are many different ways to group paper bank notes and it really doesn’t matter how you do it as long as your method works for you. Some people prefer to separate bank notes by denomination, placing them in different sections of their purse or wallet. You can purchase a special wallet that contains separate compartments for bank notes, several separate change purses, separate slots for credit cards, and an extra compartment to hold a signature guide or cheque book. A reminder, please do not fold the newer polymer bank notes as a means of identification, as it may damage them over time. Their longer-lasting tactile feature can be used to identify them instead. More information is available in the video on New Canadian Bank Notes. If you have older paper bank notes you can still fold your bank notes in a special way for easy identification. Leave five dollar bank notes completely unfolded. (Place the $5 bills at the back of the wallet.) Fold ten dollar bank notes in half lengthwise, so they are long and skinny. Place these bills in front of the $5 bills with the fold facing up so you can easily pull out one $10 bill. Fold twenty dollar bank notes in half vertically, end to end, so they are square-shaped. Place these bills in front of the $10 with the fold facing the center of the wallet. This will enable you to grab just one $20 bill. Fold fifty dollar bank notes vertically end to end, then fold again lengthwise, so they are a rectangle shape. Fold hundred dollar bank notes in half vertically and in half again vertically. We often recommend that such large bank notes are kept in a separate compartment when possible, if they must be carried at all. When you receive paper money from others, ask what each bank note is and check its value using tactile feature or your bank note reader, then fold it right away or put it in a special section of your wallet so you will be able to recognize it later. If you always pay with the smallest bill, you will never get bills in return. For example: If the purchase is $7.42, pay with a $10 bill, rather than a $20. Some people prefer to carry only $5 bills for this reason.

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