Supermarket change machines

boydE

could you give all the change at the checkout? surely cant be refused

Stompa

boydE wrote: »

could you give all the change at the checkout? surely cant be refused

They're not obliged to accept large quantities:

http://www.royalmint.com/corporate/policies/legal_tender_guidelines.aspx

boliston

boydE wrote: »

could you give all the change at the checkout? surely cant be refused

http://www.royalmint.com/corporate/policies/legal_tender_guidelines.aspx seems to say 20p is the most of each copper coin that consitutes "legal" tender, and i suspect you might be able to push this slightly but I would not want to try presenting a huge bag full of coppers at the checkout.

Lokolo

Loads of banks have the coin counting machines now.

I save anything under 50p into a jar and bank it every 3-4 months. I don't tend to use cash unless I am out in town wanting McDs or drinking.

I bag them up and take them in as my local branches don't have a coin counting machine.

geordie_joe

boydE wrote: »

could you give all the change at the checkout? surely cant be refused

Back in the 90's when I lived in Newcastle I used to pay my phone bill at the BT shop next to where I worked. They had a big sign at the counter that listed what was legal tender and it stated that they would not accept anything that was not legal tender.

I think it was something like more than 25p in copper was not legal tender, so they would not accept more than 25p in copper. The sign also said that it was because anything that was not legal tender would take too long to count, and the extra expense would go on our phone bill.

At the time I just thought it was BT being power mad tw*ts.

In law, no shop has take accept any money, legal tender or not.

dzug1

boliston wrote: »

You would just request a chargeback if it was a fraudulent transfer that you did not authorise.

Not if it's anonymous electronic money - untraceable like cash

jenniewb

boydE wrote: »

could you give all the change at the checkout? surely cant be refused

I used to work in a store (clothes store) and we were told that we didn't have to accept more then £1 in any form of copper change (1p and 2p) and if the queues were really long, no more then 10 of either 1p or 2ps.

I should add we only did this if we were feeling mean or the customer was doing their upmost to look down on us (eg using a mobile whilst being served, saying "yes dear just do your job" or sighing and making snide comments baout us or our job) we rarely enforced this! But we were allowed as are all retailers to refuse a certain amount of coins all in one go.

boliston

dzug1 wrote: »

Not if it's anonymous electronic money - untraceable like cash

I would have thought that any electronic transfer would almost by definition have to leave some sort of audit trail.

geordie_joe

boliston wrote: »

At least you will normally see the stolen "electronic" money again once the bank refund the fraud.

Have you tried getting money bank off the banks that has been fraudulently taken from your account/card? The first thing they tell you is that their system is secure, so it must have been your fault. You either gave your card or pin number to someone else.

If you had a chip implanted in your wrist you would have no chance of getting your money back. Because yolu must have been there when the transaction took place.

boliston wrote: »

More than can be usually said for physical cash that is stolen.

Yes but there are a LOT less physical muggers around than electronic muggers. Electronically, every mugger in the world can target you, physically only those who are near you can target you.

boliston wrote: »

Also not many people only use cash and have no bank account or cards, so there is still the risk of being mugged "electronically" if you use cash.

1.75 million adults don't have bank accounts. Many more have basic bank accounts that don't have overdrafts and take all the money out as soon as it goes in.

spiro

BitterAndTwisted wrote: »

Have you ever tried depositing £100-worth of coins in bags at the bank? If they deign to accept them, and sometimes they won't in that sort of quantity, they really cop an attitude. And make you feel like an a-hole in front of the other customers

The reason the banks get annoyed is that we are not supposed to 'hoard' change as it results in the Mint having to produce more coins. To get an idea of the scale of this see the article below.

http://www.dailymail.co.uk/money/article-1111554/Coin-shortage-crisis-looms-Darlings-VAT-cut.html