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exchanging small change for notes
MSHAWX
Posts: 50 Forumite
I have just recently started downsizing and selling eggs at car boots fairs. My problem is - how do I exchange the small change for larger notes without incuring 'bank charges'. At the moment I have in excess of £60.00 per week to exchange but I want to expand my egg selling, possibly onto a farmers market. I have just read another posting 'bags of change' which has some ideas but I want to bank this money as I'm sure the tax man will need some. I don't mind opening a building society account or another bank account if it means I don't have bank charges to pay. Any ideas?
January food 175.00 spent 181.60 oops nothing left. £4000 challenge/3384.49 left
heating oil £396.69,
NSD 13/20
0
Comments
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I take my bagged up coins into my bank ( NatWest ) they quite happily change it into notes for me , at no charge .0
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If it's all bagged up then why not just pay into your bank if they will charge you to change it? Then withdraw the notes at the counter or cashline machine?
My bank has no probs with this but I do know HBOS have been really @rsey at me depositing moneybank coins to my son's account - we no longer have an account there ;-).
MrsB.
It's only a game
~*~*~ We're only here to dream ~*~*~0 -
If there's an hsbc near you with one of those all singing all dancing change machines you could always do it that way as there's no commission (although you'll need one of their bank accounts which you could always get through quidco). Failing that, if it's just a normal current account I think most banks should accept change so long as it's bagged up correctly and £60 doesn't sound excessive.0
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