Where to deposit a load of coins?

PixelPound

jonesMUFCforever wrote: »

You would need a crane to lift that amount of bronze so to be practical how were you going to take it to the bank?

1p coin weighs 3.56g and 2p weighs 7.12g, so £200 would weigh 71.2Kg. So you wouldn't need a crane to take that amount, but it might be a lot for a shopping bag,

jonesMUFCforever

nic_c wrote: »

1p coin weighs 3.56g and 2p weighs 7.12g, so £200 would weigh 71.2Kg. So you wouldn't need a crane to take that amount, but it might be a lot for a shopping bag,

Indeed the same weight as an 11 stone person.

maninthestreet

To deposit coins using the HSBC machines, you need to key in a sort code and an account number - does your Nationwide account have these??

meer53

This is ridiculous... Where else are you meant to bank them?

I think it's ridiculous that you've left it 15 years to bank them !

gardner1

Emptied my bottle last week......£113 only took copper to local coinstar as I couldn't be bothered to bag up just over £20 but the rest will be bagged up and paid in to bank

jonesMUFCforever

Did you know there is a much better way of saving than putting coins in a bottle?
Lloyds have a system called Save the change - you pay with your debit card and they round up your transaction to the nearest £ and put the amount into an account of your choice.

KILL_BILL

Chris94 wrote: »

I assumed your bank would be the obvious place to deposit coins, but apparently not. We have around £200 of coppers that have been saved up over the past 15 years or so. My mum was told by Nationwide that they only accept up to 5 bags of coins per day per customer. So essentially they were saying to bank all the coins we'd need to keep coming back each day to deposit another 5 bags. This is ridiculous... Where else are you meant to bank them?

I refuse to use coinstar or such which charge fees. Surely there's another way?

but why should coinstar provide a service free of charge - they have to supply and maintain the machine instore

[Deleted User]

KILL_BILL wrote: »

but why should coinstar provide a service free of charge - they have to supply and maintain the machine instore

This.

I've used Coinstar. They save you the trouble of counting and bagging the coins, and possibly multiple visits to the bank. There is a cost to providing the service. Why should you expect it to be free?

northwalesd

I think the highest number of bags I've ever paid in in one transaction was around 20, but that is Lloyds and, as others have said, a bank not a BS. I do try to take no more than 10 in case the branch is busy, but they always tell me to bring in as many as I like.

eskbanker

KILL_BILL wrote: »

but why should coinstar provide a service free of charge - they have to supply and maintain the machine instore

Deleted_User wrote: »

This.

I've used Coinstar. They save you the trouble of counting and bagging the coins, and possibly multiple visits to the bank. There is a cost to providing the service. Why should you expect it to be free?

I don't read anything in OP that suggests they were contending that Coinstar should be free, they were just looking for a free alternative to such services, which, given that free facilities do indeed exist, in the form of banks, seems a perfectly reasonable MSE approach to take!