Nigeria Proposes Atms Which Dispense Coins

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Author	Replies: 4 / Views: 1,059
sheeptotherescue Valued Member United States 154 Posts	Posted 09/21/2012 12:34 pm But public outcry has put it on hold. Just thought this was interesting. I wish ATMs here in the States would dispense bills other than $20. (I did come across one machine that did $10 and $20, and thought it was my lucky day!) http://www.bbc.co.uk/news/world-africa-19674563 Report this Post to the Staff

XavierOfGreen Pillar of the Community United States 2589 Posts	Posted 09/21/2012 1:50 pm PNC bank has ATMs that dispense all bills from $1 to $50. Depending how they are configured they may dispense $5's instead of tens and not all of them dispense $50's. Report this Post to the Staff
svslav Pillar of the Community United States 2605 Posts	Posted 09/21/2012 2:33 pm At the college where I work we have a big enclave with vending machines. Not all of them accept bills, so right in the middle there's one that turns your bills (1, 5, 10, or 20) into dollar coins. Edited by svslav 09/21/2012 2:34 pm Report this Post to the Staff
Sap Moderator Australia 16849 Posts	Posted 09/21/2012 11:32 pm The "public outcry" is over the introduction of new high-denomination banknotes and replacing low denomination banknotes with coins. The largest denomination coin in Nigeria today is the 2 naira piece, worth 1.2 US cents at the official exchange rate. Not much point ATMS dispensing those. I have no idea why the $50 note is not a more popular denomination in the US. Here in Australia, every single bank ATM spits out $20 and $50 notes. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis Report this Post to the Staff
MathieuMa Pillar of the Community France 1591 Posts	Posted 09/22/2012 1:23 pm Same in Europe, we get 10, 20 and 50, depending on the place. 10 and 20 are the most common, and some machine let you choose what you prefer (between 10 and 20, or 50). We have also some cash changers in some places (to get coins), for example at the post office (but those are not common) Report this Post to the Staff
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