Woman who rediscovered buried cash doesn’t expect full value
Sixty-nine-year-old Orawan Sangkij, who recently rediscovered Bt20,000 of deteriorating cash that she buried in her backyard a decade ago and forgot about, said she would deposit whatever she got from the damaged banknotes in a bank account.
The Sakhon Nakhon woman said it was her fault that she buried the money and she didn’t expect to get the full value of the cash.
The money was part of a funeral assistance fund from her late son’s Pattani-based company.
The forgotten cash was reported earlier this week on the Khaosan Banhao Facebook page, whose administrators offered a glimpse of what Orawan can expect.
They posted information gleaned from the Currency Act 1958, indicating that some of the recovered notes would be deemed “imperfect” due to water damage.
Those deemed as “imperfect” notes includes notes torn vertically at or near the centre, any “mismatched” notes that had been created out of two or more separate notes, and any mutilated or defaced notes with parts missing or with text or numbering rendered illegible.
Section 19 of the Act authorises the Bank of Thailand to allow the exchange of imperfect notes within limits set out in Ministerial Regulations.
A half note could be redeemed for half its face value. A mismatched note of only two pieces, each the same model and value, could fetch full face value. Mutilated or defaced notes could also be redeemed for the full value as long as they are at least half intact and the value is recognisable.