Nationwide treated me like dirt for trying to pay money IN to my account

maninthestreet

HSBC have machines that you just pour your coins into, it sorts them , adds them all up and credits you account. Easy!

Zazen999

opinions4u wrote: »

But it won't increase the amount of money saved in banks. That would remain exactly the same across all banks. So as a source of liquidity this won't work.

Even if every single person in the country magiced up an extra tenner of coin and paid in to their bank it wouldn't make the slightest difference to the credit crunch.

I'm sorry, but a bag of coppers is not going to grow a bank's deposit base. Over a third of all money saved in banks is held by people who have more than £50,000.

Pop of GB: 60,943,912

if everyone put £10.....£609,439,120

That's actually quite alot of money.

Anyway - rules is rules.

opinions4u

Zazen999 wrote: »

Pop of GB: 60,943,912

if everyone put £10.....£6,094,391,200

That's actually quite alot of money.

Anyway - rules is rules.

Your maths is a little unsound.

username

If you want to deposit coins without hassle, get a HSBC/First Direct account.

HSBC have got machines in most of their larger branches that count coins, in that you just tip the coins into the machine (you don't even have to bag them) and it'll count it for you automatically and credit it to your account, without any extra taken off (compared to say if you used a 'coinstar' machine ... other machines are available! ).

Change costs money to handle and takes up space.

Spend it in the airport. You'll have more fun with it there.

Dear god no! For every cashier up and down the land that has to cash their till up themselves and don't get paid for it, the type of customer we dread are the ones that come in and pay with LOTS of small coins. Because (unless they are handed over bagged, say £1 in 1ps) we have to count every single one, thus increasing the amount of time we spend doing unpaid work for the company!

Zazen999

opinions4u wrote: »

Your maths is a little unsound.

Yeah, you're right - it's £609 million! Still a significant amount of cash though.

DCFC79

What you could do is open up another account and split the amount of bags of coins into 2 piles and pay 1 bag into each account and then transfer the money form the 1 account to the other via internet banking

TotallyBroke

Barclays told me that they will take more if there is not a queue and if paying into a child's account there is no limit.
In the pub I worked in we used to ask the customers to bring in their silver and £1 coins, it saved me having to carry huge amounts of change each week from the bank.
Maybe next time enquire in your local.

butler_helen

When I worked as a cashier we had a customer try to deposit 6 bags, I refused the 6th (a lot of people deposit coins), he was quite nice and accepted the rules and walked away...to rejoin the queue! the conversation was something like this...

Me: "you've already deposited 5 bags, and this one makes 6 today, so you'll need to come back".
Him: "no I didn't, the previous deposit was in notes".
Me: "no it wasn't" (smirking at this point as he was making his point quite well).
Him: *winking* "it was in notes love and now I want to pay this one in".
Me: ok.

money dutifully paid in, point made, good laughs had.

try the above next time

(unless they write down the denomination in the NW?)

Brodiebobs

I bank at halifax and they too have turned me away with more than 5 bags, only way you get round it is pay into a kids or charity account.

Any

I am also one of those who also doesn't accept "rules are rules" for every time...
If he brought 8 bags then yes.
But only 1 extra? From what was said (20 coins, £10) only about 3x2cm of extra space?
I would probably say "we are not supposed to accept more then 5 bags, but as it is just 1 I will make one exception. Please do not bring more then 5 next time".

Especially as banks then also charge business account holders (pubs, shops etc) for taking small change out...

So everyone say "all this time it takes to process, it's no money at all" - I see, small customer no customer. If I came with £30k they would treat me differently? Well, that is certainly not a bank I want to deal with. They are here to provide service. Next time I want some change depositing I will make sure that I remind them how much did I bring in in cheques last time..

If the OP was extremely unpleasant then he deserved to be spoken to like that, but we don't know that - if he wasn't, then the manageress was just a bit full of herself...