saving loose change (merged)

Anya

Alfie_E wrote:

There’s a page on the Royal Mint website, which you referred to, for the Five Pound Coin. QUOTE]

Just looking at your link, mine must be a 25p one :doh:

elmer

I work for local government, and we have a chap who pays his Council Tax in coins every month, We think he is just being awkward as he always comes in with it 10 mins before we shut and of course we have to count every penny. Where he gets it from, I dont know, but we have to take it, so if you are mad about your Council Tax and have lots of coins its a solution, but have sympathy for us who have to count it!!!

Elmer

jonesMUFCforever

Commemorative coins can be changed at the Post Office I believe.
If not then the Royal Mint will take them off your hands.
Clearing banks nowadays do not take them.

calleyw

Right I am sure this is a really big bird question. But at least on the old internet no can see my embrassement or my red cheeks.

Anyway what I want to ask is this. As long as I tell them when I pay it it. Can I pay £1 in 5 pences rather than the full £5 in 5 pences in a money bag. As it takes me a long to save £5 and wanted to pay it in to my account now rather than wait.

I asked my husband and he just said "I have no idea"

So do banks get funny or is it ok to do that.

Right slinks away for asking a silly question. But had no idea of who else I could ask. As I have no real friends. LOL!!!!!!!!!!!!!!

Yours

Calley

Glad

you have to have the full amount quoted on the bag, to use the bag,
some banks may accept £1 in change though as cash into your account

calleyw

Glad wrote:

you have to have the full amount quoted on the bag, to use the bag,
some banks may accept £1 in change though as cash into your account

Damn. Will have to raid husbands pockets and give him all the 5ps so that I can have £1.

Thanks for that.


Yours

Calley

fatboyonadiet

I always take in all my cash from the penny jar and they're fine with taking less then what's marked on the bag, i.e. maybe a £1 or £2 of 5ps rather then the full £5. HTH.

Savvy_Sue

I never used to have a problem paying in less than what was marked on the bag into the school PTA account (with A&L, so over the counter at the local Post Office). BUT anything that isn't a 'full' bag will need to be counted (rather than weighed!), so pick your moment, ie when it's quiet. You might find local shops would be happy to change small amounts just so they get the change, IYSWIM.

Stonk

Why not give your £1 in 5p pieces next time you buy something in a shop? Or several shops, if you feel embarrassed!

I know people hate fiddling small change, but it's still money.

calleyw

Stonk wrote:

Why not give your £1 in 5p pieces next time you buy something in a shop? Or several shops, if you feel embarrassed!

I know people hate fiddling small change, but it's still money.

I could. But we save are 1/2/5p's to pay in to our offset mortgage account so we can pay it off quicker.

And 1/2p's seem to mount up quicker then the 5p's as you need £5 worth. But I could still give the change to hubby and pay the £1 coin in to the account.


Yours

Calley