This year, it received 51 million euros' worth of notes from the flood-hit areas in western Germany between mid-July and the end of August. The bank said that the center usually receives damaged bills to the tune of 40 million euros per year. The damaged money is dried, processed and then destroyed at a centre in Mainz that analyzes forged and damaged money, and its owners are refunded without charge.
The Bundesbank said Wednesday that individuals and banks have handed in notes that were soaked in the floods and often also contaminated with oil, sewage or mud. Germany's central bank says it has been inundated with more than 50 million euros' ($59 million) worth of damaged bank notes after deadly floods that hit part of the country in July.
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