Getting shut of a jar of copper?

khampson

Hi, I have £28 in 1p and 2p coins but where's best to get rid of it? I've seen machines at my local supermarkets but I expect this service is charged for, I bank with Halifax so will they accept all this copper? Can I take it into my local post office and pay it into Halifax that way as my branch is 10 miles away? What am I best doing?
Keith

Hezzawithkids

Some banks now have machines in their branches where you can deposit bags of coins and have the total paid straight into your account with no charges. NatWest for sure, don't know about any others?

rartherinv

if you want to save about £1.50 in fees then get some coin bags and fill them up with £1 each, take them to bank who will weigh the bags and credit your account.

if you would rather just tip them into a machine use coinstar at supermarkets, a 5% fee i think? not too bad when you think of the messy work counting and bagging it all then queuing at the bank.

khampson

How do I, or how can i locate these machines?

lcharm

They're usually found at the entrance to a major supermarket like Sainsbury's or Tescos but best to check with Coinstar
http://www.coinstar.co.uk/coinmachine/SearchAddress/PostalCode

khampson

Sorry I was meaning banks that have machines, I know where the coinstar machines are, can I live near Worksop?

Keith

lcharm

Oh right, well would depend on who your account is with. I think there are limited numbers but here's an MSE post with HSBC branches but could be out of date
https://forums.moneysavingexpert.com/discussion/2609377

Martian_Lewis

How about the self service checkout ?

Stompa

khampson wrote: »

Can I take it into my local post office and pay it into Halifax that way as my branch is 10 miles away?

My local PO accepts bags of small change as long as you're paying it into an account, they won't simply convert it to notes. Having said that I've heard that not all PO's work the same way, so I think you'd need to check with yours.

dzug1

Your local post office might change it for you if it's bagged up - but it would be a favour, not part of their normal service. They are more likely to do so if there's a shop attached that needs change

You can PAY for things in the PO with it - stamps, etc - and they shouldn't turn it down. Their manual says they should accept it

You cannot pay into your Halifax account at the PO - it's not a service offered (withdraw cash, yes, not pay in) A few banks you can pay in - it depends on what they have arranged with the PO

The machines in banks are generally for own customer use only when paying into an account. I've seen them in larger HSBC and Natwest branches

SailorSam

If you're going into your bank with them, even if they're all bagged-up you're best going when the bank is quiet. I think there's less chance they'll want to start checking them when there's a big queue of people.