Man opens bank account with 5m yuan in old, mouldy stacks, breaks counting machines
The devices took seven hours to count the total and even ‘burned out’ one unit, according to Chinese report
A Chinese man took 5 million yuan (HK$6.04 million) of old banknotes to the bank to open an account and broke the machines as they tried to count it, local media reports.
According to the report, the man surnamed Li from Sichuan province carried eight bags of cash to a branch of the Agricultural Bank of China to open an account, the West China City Daily reported
Most of the 5 million yuan consisted of damp, mouldy banknotes.
The machines took seven hours to count the total – from 1pm to 8pm – and even “burned out” one of the units, the report said.
“Normally, counting banknotes will take approximately three hours,” one employee from the bank was quoted as saying.
The money that Lee brought to the bank was stacked in bundles, and the dampness made it difficult to separate the notes from each other.