Paying in/changing coins for notes

Hedgehog99

Smashed his piggy bank?

Not very MSE!

Use a ruler or palette knife to get the coins out without breaking him.

I have a lovely piggy bank that used to belong to my grandfather. I wouldn't if he'd smashed him, would I.

mwarby

Shakin_Steve wrote: »

Thanks for that, but I just can't see it being free for non-customers. You can call me cynical if you like.:D

I dunno, the machines probably aren't all that expensive, and probably cost little over their lifetime. On the other hand paying couriers to ferry around big bags of coins costs. If the branch has enough business customers the coins probably go straight to the business customers (which the bank does get a nice fee for)

benten69

Shakin_Steve wrote: »

Thanks for that, but I just can't see it being free for non-customers. You can call me cynical if you like.:D

Instead of being cynical, why don't you go in an ask? Or call your local branch and ask?? Saves all this back and forth with "not paying coinstar 10.9%" and "don't see it being free for non-customers".

End of the day, in the bank the machine DOES NOT ask you if are a customer, it simply takes your money and gives you a receipt which shows how much it counted up.

Then you simply take your receipt to the counter. If the receipt says you paid in £150 and DOES NOT warn you that non-members cant use it or will be charged, then they cannot charge you after the fact...if they try, I'm sure the bank manager will "make a gesture of good will" after arguing with them about the lack of notice on the machines for non-members.

However, a simple visit or phone call will alleviate any concerns and verify 100% either way.

System

You'll probably find for a small amount (as a one off transaction) they won't check but larger amounts and regular visits they will.

They will probably turn a blind eye for children too.

Dird wrote: »

Really? I've taken lots of coins and had them go in my account before (Lloyds) but also exchanged a note for coins (no mention of having an account with them) but I guess handing over £5 + 5x£1 is less hassle than counting 120x£1

mwarby

I dunno about blind eye, you'll probably be marketed to about savings accounts with low interest rates but piggy bank or similar

Chino

Shakin_Steve wrote: »

but all they have now is a bank of ATM's downstairs

If you had asked an assistant or looked more closely at those ATMs you would have seen that the ATMs with two screens accept coins (there's a receptacle at the top left of the machine). So you could have used one of those ATMs to pay the coins into your account, withdrawn the equivalent cash and given that to your son.

[Deleted User]

benten69 wrote: »

RBS & Natwest have coin counting machines, just dump them into the machine, it will count them all, print off a receipt and you take it to the teller where you can chose to deposit into an account or get cash.

Anyone know why they haven't set it up to go straight into your account?


Seems a waste of time having to take a receipt to a cashier.

Flobberchops

Back when I banked with NatWest I'm sure the coin deposit machines paid directly into an account?

And yes, the Assisted Service Counters in Barclays have a coin deposit slot. They'll usually accept piggy-bank money over the counter too - bagged up please - turning children away is reputational suicide.

darkidoe

Bigger HSBC branches have those coin counting machines as well. Or just keep the coins for bus fares.

robatwork

Do you work in an office?

If you get nowhere with banks, it's still the case that many of us keep coins in our car for parking.

You could bag them into £10 and £20 and see if your colleagues want to "buy" them for parking / tolls / Stansted-airport-£3-for-10-minutes etc