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Old 13-03-2018, 20:55   #2
Mr K
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Re: 1p and 2p coins

Quote:
Originally Posted by Taf View Post
http://www.dailymail.co.uk/news/arti...-SCRAPPED.html

I think the main reason that people fill jars with them is that many places won't accept more than 20 of them per purchase. Plus banks will only accept 3 or 4 bags of them for deposit, per day. And those Coinstar machines that have appeared in supermarkets take a 9.9% cut.

In the Netherlands in the late 70's we could drop our loose change into a machine that sorted them and packaged them into neat paper tubes. The banks accepted as many of these as you offered. Maybe UK banks should offer the same service?
HSBC have a machine, just dump all your change in, it counts it up and deposits in in your account. It's always more than I think.
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