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  • FIRST POST
    • JustAnotherSaver
    • By JustAnotherSaver 7th Jan 18, 8:36 PM
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    JustAnotherSaver
    How many money bags do banks (HSBC specific) allow at once?
    • #1
    • 7th Jan 18, 8:36 PM
    How many money bags do banks (HSBC specific) allow at once? 7th Jan 18 at 8:36 PM
    200 in 2 coins
    25 in 20ps & 50ps
    12 bags

    I remember years and years ago Nationwide only allowed 5 bags at one time. May still be the same for them but wondered if anyone knew the limit with HSBC these days.

    It's actually for First Direct but i'm assuming you can pay in to HSBC no problem?

Page 1
    • Westie983
    • By Westie983 7th Jan 18, 8:50 PM
    • 4,355 Posts
    • 14,911 Thanks
    Westie983
    • #2
    • 7th Jan 18, 8:50 PM
    • #2
    • 7th Jan 18, 8:50 PM
    I am not sure, but many of the banks are putting a limit of 5 bags on their coin deposits.

    If your HSBC has a coin drop it wont matter no need worry as you just chuck it all in the machine.

    Westie983
    Save 12k in 2018 #10 Total (25,000)+10,000/12,000 = 83.33%
    Sealed Pot Challenge ~ 11 #97 Total (410) + 40/500 = 8.00% ( x 11)
    Xmas 2018 1 a Day #2 Total 62.59/365 = 17.14%
    Virtual Sealed Pot #1 Total 900/1,000 = 90.00%
    2 Savers Club 2018 #16 Total (1,500)+-480/2,000 = 51.00%

    Total 12,022.59/15,865 = 75.78%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • JustAnotherSaver
    • By JustAnotherSaver 7th Jan 18, 9:24 PM
    • 3,013 Posts
    • 495 Thanks
    JustAnotherSaver
    • #3
    • 7th Jan 18, 9:24 PM
    • #3
    • 7th Jan 18, 9:24 PM
    I am not sure, but many of the banks are putting a limit of 5 bags on their coin deposits.

    If your HSBC has a coin drop it wont matter no need worry as you just chuck it all in the machine.

    Westie983
    Originally posted by Westie983
    Is that like the ones you see in Sainsbury's (for example)? And if so do they take money out of your deposit the same way the machines in the supermarket do? I only ever used them once and think they took about 7p out of the 1 if i remember right.

    • gt94sss2
    • By gt94sss2 7th Jan 18, 11:28 PM
    • 4,045 Posts
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    gt94sss2
    • #4
    • 7th Jan 18, 11:28 PM
    • #4
    • 7th Jan 18, 11:28 PM
    The coin counting machines in bank branches that have them are free of charge to use unlike those in supermarkets etc.
    • Westie983
    • By Westie983 8th Jan 18, 8:33 AM
    • 4,355 Posts
    • 14,911 Thanks
    Westie983
    • #5
    • 8th Jan 18, 8:33 AM
    • #5
    • 8th Jan 18, 8:33 AM
    Is that like the ones you see in Sainsbury's (for example)? And if so do they take money out of your deposit the same way the machines in the supermarket do? I only ever used them once and think they took about 7p out of the 1 if i remember right.
    Originally posted by JustAnotherSaver
    No you are thinking of the coin star machines which takes 10% of your money.

    The coin counters in HSBC is just that counts your coins and pays it into your HSBC account. Not sure if you have to go to counter after with the receipt like you do in Natwest, but you keep all of your money.

    Worth knowing not all HSBC branches have coin deposit machines so you may end up paying in via the counter.

    Westie983
    Save 12k in 2018 #10 Total (25,000)+10,000/12,000 = 83.33%
    Sealed Pot Challenge ~ 11 #97 Total (410) + 40/500 = 8.00% ( x 11)
    Xmas 2018 1 a Day #2 Total 62.59/365 = 17.14%
    Virtual Sealed Pot #1 Total 900/1,000 = 90.00%
    2 Savers Club 2018 #16 Total (1,500)+-480/2,000 = 51.00%

    Total 12,022.59/15,865 = 75.78%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • JuicyJesus
    • By JuicyJesus 9th Jan 18, 10:18 AM
    • 3,078 Posts
    • 3,225 Thanks
    JuicyJesus
    • #6
    • 9th Jan 18, 10:18 AM
    • #6
    • 9th Jan 18, 10:18 AM
    HSBC counters are unlimited amounts of coin for deposit or exchange (if you have an account with them).
    urs sinserly,
    ~~joosy jeezus~~
    • Robin9
    • By Robin9 9th Jan 18, 10:23 AM
    • 2,658 Posts
    • 1,734 Thanks
    Robin9
    • #7
    • 9th Jan 18, 10:23 AM
    • #7
    • 9th Jan 18, 10:23 AM
    First Direct or HSBC no difference re paying in.

    Just don't mix your coins and also keep any old 1 separate.

    The main banks are used to handling large amounts of coin - its the Building Societies who don't like much in the way of coin and often have a 5 bag limit.
    Never pay on an estimated bill
    • zerog
    • By zerog 9th Jan 18, 9:30 PM
    • 2,367 Posts
    • 821 Thanks
    zerog
    • #8
    • 9th Jan 18, 9:30 PM
    • #8
    • 9th Jan 18, 9:30 PM
    The main banks are used to handling large amounts of coin - its the Building Societies who don't like much in the way of coin and often have a 5 bag limit.
    Originally posted by Robin9
    Halifax and Santander still count as "building societies" for this purpose.

    HSBC, Lloyds, TSB, Barclays, Natwest, all more or less unlimited bags and loose coins ok too. (A very small TSB branch once told me max 25 bags as all their storage was full.)

    Halifax: once refused to accept my UK coins in Irish bags (as I had run out of UK bags), so I asked them to give me some UK bags and I would move them over; they had no bags, so refused the deposit entirely. (Complained: 50 compensation given.) Another branch made a big song and dance about how they were now accepting 10 bags per customer - this was in 2015.

    Santander: had 81 pound coins, they took the 4 bags of 20 but refused to accept the single left over pound. Similar incident in a different branch too, so I just don't bother using them for coins any more.
    • gt94sss2
    • By gt94sss2 9th Jan 18, 9:56 PM
    • 4,045 Posts
    • 1,875 Thanks
    gt94sss2
    • #9
    • 9th Jan 18, 9:56 PM
    • #9
    • 9th Jan 18, 9:56 PM
    The coin counters in HSBC is just that counts your coins and pays it into your HSBC account. Not sure if you have to go to counter after with the receipt like you do in Natwest
    Originally posted by Westie983
    You don't need to go to the counter in HSBC after using the machines - any money is automatically credited to the relevant HSBC/FD account.
    • JustAnotherSaver
    • By JustAnotherSaver 14th Jan 18, 8:46 PM
    • 3,013 Posts
    • 495 Thanks
    JustAnotherSaver
    Just for reference should anyone stumble across this thread...

    they (HSBC/First Direct) accepted the whole lot. No limit. Well, i guess there may be if you turn up with 1000s of bags but they accepted all those mentioned in this thread

    • Westie983
    • By Westie983 15th Jan 18, 1:42 AM
    • 4,355 Posts
    • 14,911 Thanks
    Westie983
    Just for reference should anyone stumble across this thread...

    they (HSBC/First Direct) accepted the whole lot. No limit. Well, i guess there may be if you turn up with 1000s of bags but they accepted all those mentioned in this thread
    Originally posted by JustAnotherSaver
    Thanks for the update always nice to finish the thread off.

    Westie983
    Save 12k in 2018 #10 Total (25,000)+10,000/12,000 = 83.33%
    Sealed Pot Challenge ~ 11 #97 Total (410) + 40/500 = 8.00% ( x 11)
    Xmas 2018 1 a Day #2 Total 62.59/365 = 17.14%
    Virtual Sealed Pot #1 Total 900/1,000 = 90.00%
    2 Savers Club 2018 #16 Total (1,500)+-480/2,000 = 51.00%

    Total 12,022.59/15,865 = 75.78%

    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
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