Natwest- Bags of Change

dexters_mum_2

Morning

I have several bags of coins; £2 coins £1 coins, 50p coins etc, totalling about £107 at the moment, which I have been saving for my holidays. I have more in the jar but not enough of each denomination to put into bags to bank.

I have had no issue previously putting the coins into my account in the past, this weekend, tried to put in 5 bags but I was told I could only deposit 5 a week and I had already deposited 5 on Tuesday, therefore, would have to wait until this coming Tuesday to be able to deposit more.

Is this the norm with other banks too? aside from Coinstar and local shops, does anyone know where I could possibly change the coins for notes? I am wanting to buy foreign currency but when I asked Natwest if I could buy currency with the change instead ans they said it wasn't possible.

Any ideas?

DM

Kavanne

Halifax say 5 bags per day....

BruceyBonus

Nationwide are also 5 per day.

I don't think HSBC have a limit (probably as they have a lot of business customers).

Kavanne

BruceyBonus wrote: »

Nationwide are also 5 per day.

I don't think HSBC have a limit (probably as they have a lot of business customers).

I bet they have a limit for personal customers :rolleyes:

BruceyBonus

Kavanne wrote: »

I bet they have a limit for personal customers :rolleyes:

I paid in about 15 bags into my current account and they never said anything.

Kavanne

BruceyBonus wrote: »

I paid in about 15 bags into my current account and they never said anything.

What good service, I might switch to them.

anna42hmr

i have paid 13 bags into my lloyds current account in one day before and they never mentioned anything, neither did they when i paid another 2 bags in later that week

Racklen

I would complain as all this so many bags aweek rubbish , its legal tender and the banks should accept it, and it only takes them a couple of minutes to weigh the bags to check they are ok.

shocking i hope my local bank doesnt suddenly do this

noh

Racklen wrote: »

I would complain as all this so many bags aweek rubbish , its legal tender and the banks should accept it, and it only takes them a couple of minutes to weigh the bags to check they are ok.

shocking i hope my local bank doesnt suddenly do this

Just because it may be legal tender (any more than 20p of 1 or 2p is not legal tender) does not impose any obligation on a bank or any one else to accept it for an ordinary transaction.
See:-
http://www.royalmint.com/Corporate/BritishCoinage/LegalTenderGuidelines.aspx

Nigel

whatatwit

I'm surprised that NatWest are not allowing you to bank several bags of coins.
Are you trying to pay them into a current account?

Usually it's the building Societies that are pretending to be banks that impose these restrictions....Abbey, Halifax etc.

dobbie82

my bank (natwest) let me bank what I want, usually 6-10 bags in one day every few months, but to change for notes I have to prove I have an account with them.

though as they shut at 4.30 and i work, i sometimes use barclays (open til 5.30) they just ask" have you got an account with us" i say yes, then they change it for me :-) i do have an account somewhere that I havent used since the early 90's!