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Coinstar or Metro or something else

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  • System
    System Posts: 178,361 Community Admin
    10,000 Posts Photogenic Name Dropper
    edited 29 August 2016 at 5:09PM
    The Post Office will take bagged coin like any other bank deposit.
    That said, I've never had more than a couple of bags to deposit.
    badger09 wrote: »
    My husband paid over £40 in coins into his Lloyds account last week
    (all sorted & bagged) and does this a couple of times a year.

    Sadly the local branch is closing in October so he'll have to find an alternative:o
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  • Flobberchops
    Flobberchops Posts: 1,279 Forumite
    1,000 Posts Fifth Anniversary Combo Breaker
    In my experience banks only refuse coin if they're unbagged and/or unsorted. Make sure to use the polybags, get as close as you can reasonably get to the per-bag limit, and it'll be a doddle for the cashier. In my - again, personal and subjective - experience, cashiers get a lot more requests for coin than they get deposits, so actually they should be fairly grateful for the extra change for their till.

    Some banks have automated machines. When I was with NatWest I occasionally used to use their bulk coin machines. Some of the new Barclays automated systems have the ability to take coins - their technical specs say 50 coins per transaction, in practice they can take several times this.
    : )
  • Soot2006
    Soot2006 Posts: 2,184 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I use all my coins for self-checkout in supermarkets. I do a big shop, chuck in the lot without counting. Sometimes new coins come back out, sometimes I have to pay the remainder by card.
  • You would not believe how cocky some people are when trying to get coins changed.
    I was standing behind someone while the teller was trying to explain that they do not take any mixed coin and this 'person' was trying to argue that it said 1p or 2p on the coin bags conveniently forgetting that the same bags has clearly marked no mixed coins!
  • GingerBob_3
    GingerBob_3 Posts: 3,659 Forumite
    The Coinstar slogan makes me laugh; "Convert coins to cash".


    It should, of course, read "convert cash to less cash".


    Many HSBC branches have coin machines, but they don't credit your account until the following day.
  • TheGardener
    TheGardener Posts: 3,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Halifax have a sign up in local branch saying they no longer accept bagged coinage of more than £10 unless it is a charity or childs savings account and by arrangement.
    A branch of Barclays once refused to accept bagged and counted coins from me (about £75) and the local post office would only accept up to £20.
    Now the local Barclays is all self serve computers and they have a coin dish so I shovel them into that but it credits it to your account - so you would need to withdraw the money from an account.
  • Westie983
    Westie983 Posts: 5,215 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    Halifax have a sign up in local branch saying they no longer accept bagged coinage of more than £10 unless it is a charity or childs savings account and by arrangement.
    A branch of Barclays once refused to accept bagged and counted coins from me (about £75) and the local post office would only accept up to £20.
    Now the local Barclays is all self serve computers and they have a coin dish so I shovel them into that but it credits it to your account - so you would need to withdraw the money from an account.

    Must be branch specific, as my local branch has removed this rule, it was in place up until TCR machines came in, we now expect the coins to be bagged correctly and not mixed, but there is no rule on how many bags, are accepted.

    I took in £500 last week all in £2 coins, so maybe this branch has realised procedures have changed, and quite easily done as they are changed but not notified, all that well, but I do know this was shared on branch intranet site.

    Can only assume that there is a problem with their coin collection, or they just don't want to do the admin side of things that come with coin deposits.
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  • soba
    soba Posts: 2,191 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Easiest way is to spend the coins as you get them. I used to save coins in a bottle but it was such a palaver to get the bank to accept them that we spend them regularly and they don't mount up. Simple.
  • zagfles
    zagfles Posts: 21,542 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    soba wrote: »
    Easiest way is to spend the coins as you get them. I used to save coins in a bottle but it was such a palaver to get the bank to accept them that we spend them regularly and they don't mount up. Simple.
    Exactly, if something costs £4.37 then see if you have £4.37 in change instead of lazily handing over a fiver.
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