Where can I pay in coins?

evoke

I used to have my local HSBC branch within walking distance and every few months I would bank about £100 worth of coins that I had collected (only £2, £1 and 50p coins).

Now that branch is closed.

Where can I deposit my coins so that my HSBC account is credited? Do I have to use a HSBC branch or can I take the coins to any bank?

beedeedee

I have a similar problem, so would be interested in finding another bank who will accept them.
As a short term solution, I have paid for goods at Mr T's, using their self service tills and pouring the coins in, but try do it when there's not a queue!

stclair

evoke wrote: »

I used to have my local HSBC branch within walking distance and every few months I would bank about £100 worth of coins that I had collected (only £2, £1 and 50p coins).

Now that branch is closed.

Where can I deposit my coins so that my HSBC account is credited? Do I have to use a HSBC branch or can I take the coins to any bank?

You would have to use a HSBC branch if you wanted the coinage paid directly into your HSBC account.

NatWest and Barclays have coin machines to pay money in if you have an account with either of them.

evoke

^^ I've got a separate pot for lower-value coins (20p, 10p, 5p, 2p and 1p coins). I take that pot to my local Sainsbury's every few months and they have a machine there which you tip the coins into and you get a credit note (less 7% or so).

You can then use the credit note for your shopping or get the cash by taking it to their customer services desk.

It's the high-value coins that I want to bank.

evoke

stclair wrote: »

You would have to use a HSBC branch if you wanted the coinage paid directly into your HSBC account.

Okay, many thanks. I was trying to avoid a car journey as I have around 5 different banks within walking distance, just not a HSBC branch!

stclair

evoke wrote: »

^^ I've got a separate pot for lower-value coins (20p, 10p, 5p, 2p and 1p coins). I take that pot to my local Sainsbury's every few months and they have a machine there which you tip the coins into and you get a credit note (less 7% or so).

You can then use the credit note for your shopping or get the cash by taking it to their customer services desk.

It's the high-value coins that I want to bank.

You could get some money bags and bag the coins up in the correct domination then pay them in over the counter.

dzug1

stclair wrote: »

You could get some money bags and bag the coins up in the correct domination then pay them in over the counter.

If it's not a branch of your own bank many banks will either refuse to accept this or make a charge (not for the coins - just for accepting a 'foreign' bank receipt)

V.Lucky

You can pay in at the Post Office to your HSBC account with your debit card, worth while asking if they will take that much coin from you?

stclair

dzug1 wrote: »

If it's not a branch of your own bank many banks will either refuse to accept this or make a charge (not for the coins - just for accepting a 'foreign' bank receipt)

From my own personal experience I was never charged in any capacity.

It might be worth asking the bank first though prior to turning up with loads of change.

Also if they have a paying in slip thinking about it they could even pay it into there own account.

windup

Why collect them in the first place, spend them in the shops, or pay by card

dzug1

V.Lucky wrote: »

You can pay in at the Post Office to your HSBC account with your debit card, worth while asking if they will take that much coin from you?

There shouldn't be a limit for paying in at a Post Office - unless it's so much it causes them storage problems.


Make sure you ask them the right question - they won't change it for you, but should accept it in a transaction.


But:

Why collect them in the first place, spend them in the shops.

is sound advice