# How are newly printed dollar bills shipped around the world? **URL:** \ **Category:** Factual Questions\ **Created:** [October 30, 2013, 3:25am UTC](https://boards.straightdope.com/t/how-are-newly-printed-dollar-bills-shipped-around-the-world/672624 "2013-10-30T03:25:51Z")\ **Posts on this page:** 3\ **Page:** 2
**Author:** ![Melbourne](https://avatars.discourse-cdn.com/v4/letter/m/b5e925/32.png) [@Melbourne](https://boards.straightdope.com/u/Melbourne)\ **Post date:** [November 1, 2013, 10:16am UTC](https://boards.straightdope.com/t/how-are-newly-printed-dollar-bills-shipped-around-the-world/672624/21 "2013-11-01T10:16:50Z")
> [@septimus](#): > > Steve Wozniak takes scissors with him and cuts off bills from [uncut sheets](http://www.ebay.com/bhp/uncut-sheets-of-money). Looking at prices on e-bay, this doesn’t look like a prank for the non-wealthy. 35 years ago, my bank sold bills (probably 10s?) bound into a cover sort of like travelers cheques. Does that sound right? Or has my memory played tricks? ---
**Author:** ![septimus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/septimus/32/410_2.png) [@septimus](https://boards.straightdope.com/u/septimus)\ **Post date:** [November 1, 2013, 2:37pm UTC](https://boards.straightdope.com/t/how-are-newly-printed-dollar-bills-shipped-around-the-world/672624/22 "2013-11-01T14:37:48Z")
> [@LinusK](#): > > I’m trying to figure out what you mean by the Fed doesn’t pay face value for its own notes… You mean it doesn’t pay the Bureau of Engraving, right? Having a checking account at Bank of America with $500 in it is _very_ similar to having five $100 Bank of America Traveler’s Checques. Each represents a $500 liability to Bank of America. The B of A doesn’t pay anything for those checks beyond paper and printing costs; it sells them to you for $100 (or slightly more) each. (It loses the $100 back if/when a check is redeemed.) Having a $500 checking account at the Federal Reserve Bank is, similarly, similar to having $500 in Federal Reserve notes! \* IOW, a F.R. banknote is very similar(_) to a Traveler’s Checque_, but is drawn on the Central Bank instead of a private bank. Remembering this simple fact would clear up some of the confusion about U.S. “money.” (\* - Someone will be along to contradict me. Yes, there are many differences; for one thing private citizens cannot have checking accounts at FRB; checks are not obligatory “legal tender” for debts, etc., etc. Another difference is that B of A might redeem its checks with F.R. banknotes; F.R. doesn’t have anything special to “redeem” its notes with other than coins, or other notes! But focusing on these differences will obscure the important simplification that allows laymen to understand the underlying nature of F.R. banknotes.) ---
**Author:** ![jtur88](https://avatars.discourse-cdn.com/v4/letter/j/e9c0ed/32.png) [@jtur88](https://boards.straightdope.com/u/jtur88)\ **Post date:** [November 1, 2013, 5:12pm UTC](https://boards.straightdope.com/t/how-are-newly-printed-dollar-bills-shipped-around-the-world/672624/23 "2013-11-01T17:12:48Z")
I was in a post office once, when the FedEx man came in with a package for delivery to the postmaster. I asked the clerk was it was and he said “Stamps”. When the post office restocks their stamp drawer, the USPS sends out the stock by FedEx. It’s like when you phone the phone company and the first thing you hear is an announcement saying “for faster service, go to [att.com](http://att.com).” [Previous page](https://boards.straightdope.com/t/how-are-newly-printed-dollar-bills-shipped-around-the-world/672624.md?page=1)