I have had a penny jar for as long as I can remember, and it has certainly built up, but now I am stuck as to how I can change them all up. Banks dont change them anymore! What exactly do banks DO now? Where can I take all my coppers?
2006-09-25 23:55:57 · 18 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
I have an online bank account, hence I cant pay in over the counter....
2006-09-26 00:02:11 · update #1
Post Offices will certainly change the money for you for free, providing you have bagged the money up correctly in the little plastic money bags (you can get these from any bank or Post Office counter for free).
Your own bank will most likely let you pay in coins to your account, again providing they are properly bagged. A bank that you don't bank with is unlikely to let you change the money.
As others have mentioned, many supermarkets and some large banks also have "Coinstar" or similar machines whereby you tip all of your loose change into the machine and it counts it and changes it for larger coins / notes or, in supermarkets, vouchers to use against your shop. These machines usually keep a percentage of the money you change as a service fee (about 5 - 8%).
2006-09-26 20:20:43 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You need to get some coin bags from any bank & count it all into bags, bug I don't know anywhere that will exchange it. You can pay it into anyone's bank or building society account. It's the time it takes to count the money that is the problem, but if it's in bags it can just be weighed. Or put it in a coinstar machine at asda where it prints you out a voucher which you can use to buy something but it won't give you cash.
2006-09-26 00:10:39 · answer #2 · answered by Twisty 4 · 0⤊ 0⤋
Don't use the Coinstar machines unless you want to lose a percentage of your money - I think it's 8%.
Any bank should be able to change this up - after all, it's all legal tender. Try the Post Office as well - I know they used to do this. Your online bank normally has a tie-in with a high-street name as well, for people who need to put actual money or cheques, etc into their account - check your bank's website, or send them an e-mail with your dilemma.
2006-09-26 00:25:25 · answer #3 · answered by cuddles_gb 6 · 0⤊ 0⤋
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2016-12-02 02:18:15 · answer #4 · answered by ? 3 · 0⤊ 0⤋
I noticed that the ASDA branch in Abderdeen has a machine in the foyer that will count it for you for a small charge. You then get back the amount in notes and coins less the charge.
Good idea!
Banks deal with money and are supposed to offer a service and to be there for us...that's a joke.
2006-09-26 00:04:02 · answer #5 · answered by Anonymous · 0⤊ 0⤋
you can change your pennys up at a asda or sainsbury store, there is a machine there you just put your money in and it counts it up for you,it then gives you a ticket with how much you got, then just go to customer services and they give you your money, the only thing with this is you pay 7p per £1 this is taken automaticly the 7p goes to charity, personally i dont mind this.........
i hope this helps
ps the machine is called a coin star phone to make sure your local store has one.........by the way you do get cash.......i just did it about 2 weeks ago.......
2006-09-26 00:12:49 · answer #6 · answered by chelsea 2 · 0⤊ 0⤋
Legally, the Bank of England has to change them. If in London, head to Bank (funny that) tube station, follow directions from there. If not in London...well, I'm not sure. But it's definitely the Bank of England. They issue the cash, after all...
2006-09-26 00:09:27 · answer #7 · answered by ManBoobs 2 · 0⤊ 0⤋
Some branches of Asda have a machine where you can put all your change in. It then gives you a receipt. You can either spend this in the shop or exchange it for the cash at a checkout. The only catch is it charges you, about 7% I think.
2006-09-26 00:00:50 · answer #8 · answered by Anonymous · 1⤊ 0⤋
ASDA have the coinstar machines, you just put your onsorted coins into it, it counts it for you, then issues a voucher which can be redeemed for cash or goods, they do charge you about 7% for the service though, but its much quicker and easier than any other method
hope this helps
2006-09-26 00:07:36 · answer #9 · answered by jarrajackie 3 · 0⤊ 0⤋
My local Sainsbury's supermarket has a machine by the front door that you feed small change into, and it chucks larger value coins & notes back out at you. Sounds like someone has won big on a slot-machine when its in full flow!!!
2006-09-26 00:00:16 · answer #10 · answered by Anonymous · 0⤊ 0⤋