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what to do with small change
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andrealuton
Posts: 57 Forumite
We've just emptied out the huge collection of change we had been collecting over the past year or so and are now trying to figure out what exactly we can do to change it into more manageable bills.
So far we've separated it into denomination, so baggies of 1p, 2p, 5p, etc. Can we take it to a bank like this? Obviously we'd prefer not to take it to a sorting machine as they take a cut (I think??). Comes to about £100, so...
So far we've separated it into denomination, so baggies of 1p, 2p, 5p, etc. Can we take it to a bank like this? Obviously we'd prefer not to take it to a sorting machine as they take a cut (I think??). Comes to about £100, so...
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andrealuton wrote: »We've just emptied out the huge collection of change we had been collecting over the past year or so and are now trying to figure out what exactly we can do to change it into more manageable bills.
So far we've separated it into denomination, so baggies of 1p, 2p, 5p, etc. Can we take it to a bank like this? Obviously we'd prefer not to take it to a sorting machine as they take a cut (I think??). Comes to about £100, so...
Give to a charity of your choice.
Give to the homeless on the street.
Leave it in your bank account.
Put it towards a project / business of your own......it's important to take the first step...action=reaction..0 -
GoodNewmover wrote: »Give to a charity of your choice.
Give to the homeless on the street.
Leave it in your bank account.
Put it towards a project / business of your own...
I don't think that was the answer they were looking for haha.
Sorting machines I believe take around 8p per £1. I think Banks have a limit on the number of bags they will take in one go. Maybe ring your local branch and ask them if they will take it, otherwise it might take a few trips.
I have lots of pots the same as you so it would be good if you could let me know what you end up doing!!0 -
i did this with 5p's, 10p's and 20p's and i was told as long as its going direct into my bank account then it didnt matter how much i put in and i put in £120 without any hassles0
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I don't think that was the answer they were looking for haha.
Sorting machines I believe take around 8p per £1. I think Banks have a limit on the number of bags they will take in one go. Maybe ring your local branch and ask them if they will take it, otherwise it might take a few trips.
I have lots of pots the same as you so it would be good if you could let me know what you end up doing!!
Just ideas
...it's important to take the first step...action=reaction..0 -
The banks or thr PO will accept bags of change for payment of services or as a deposit into an account.
They will not exchange change for notes.0 -
GoodNewmover wrote: »Give to a charity of your choice.
Give to the homeless on the street.
Leave it in your bank account.
Put it towards a project / business of your own...
Hahah. Don't worry, we have plans for this money. Our Anniversary celebration fund
. Just don't think the Luton Hoo would appreciate us dumping £100+ on the table for their services! 0 -
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Just bagged up correctly should be ok.0
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We have cash bags in uk stating what denomination and what amount is required. Dunno about the sandwich bags tho!!!0
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