2,060,700 in words.
Which is correct.
(A). Two million sixty thousand and seven hundred dollars
(B). Two million sixty thousand seven hundred dollars
(C). Two million and sixty thousand seven hundred dollsrs
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None of those are wrong. You can use any one of them.
Preference may differ based on location. Just like Americans say and write the date as Month, Day, Year and Europeans (and probably most of the world) use the format of Day, Month, Year. Both are correct.
I am Australian and I would say: 2 million, sixty thousand and seven hundred.
In speech, one would hear any of these.
Caveat: for the purpose of writing amounts in formal documents (including a bank check/cheque), do not use "and", except to separate the dollars amount from the cents amount, e.g.
Five dollars and 11 cents Five and 11/100 dollars
I've actually known a bank refuse a check with "One hundred and fifty dollars".