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RE: Central Bank of Ecuador
The old Dollar bills. In the US the banks receive them and send them to be incinerated by the Govenment. I think the same occurs in Ecuador, they send the old bills to US to be incinerated.
Ah yes, I will try to discover the answer for sure. But I think you are right that is the case in Ecuador as well. On the notes themselves it says property of the Federal Reserve so only they can lawfully destroy them or grant power to do so.