| Author |
 Replies: 54 / Views: 3,876 |
|
|
|
Valued Member
United States
111 Posts |
I don't search rolls. But I'm wondering.... Someone (or perhaps several posters) made it sound like it was very important to "stay off the radar" when you're giving the coins back.
Why is that?
|
|
Pillar of the Community
 United States
6326 Posts |
Steve,
At least from my thoughts about that........ You don't want to "dump" your coins at a bank that doesn't want them. In other words you can cause them an "inconvenience" and an extra cost by dealing with your coins and processing them. Some "silver hunters" will deliver them to several different banks so that they don't wear out their welcome, so to speak. And just simply causing a teller more work to put them into a counter, etc. etc. Then they'll send them to the Federal Reserve bank eventually. They have to pay to deal with them so.......
My bank has three branches in town and so far they haven't expressed a problem with dealing with the coins......but I guarantee you, if I wasn't a member there.....they wouldn't take them !
|
|
Pillar of the Community
United States
581 Posts |
I had problem with a local bank. I didn't have an account and went in and asked if I could get four rolls of pennies. The girl said that I could get two for free, but if I wanted more, I would have to pay $1.
No comment =- that's just what happened.
|
|
Pillar of the Community
United States
6326 Posts |
Since searching all the banks in my town of 135,000 people, I still have yet to ask my bank to order me a box of Fed Res. halves.......here's a question. What if they ask me for a fee to order them ? Should I pay $10.00 or less ? Is that okay ? Like I said, I have NOT asked them yet, but if they DO want some money for the order......should I be mad or does everybody else pay a fee on their shipments of halves too ? I HOPE IT'S FREE THOUGH !
|
|
Valued Member
United States
120 Posts |
no no Eagle, you do not have to pay a fee. Just walk away if they tell you that there is a fee.
|
|
Pillar of the Community
United States
4541 Posts |
I know it might be aggravating for some people to actually have to get up and do work at their job but it is my understanding that you can have money any way you want it. Most banks dont deal with you if you dont have an account though and most of the time if you dont get asked its b/c the person doesn't realize you have to have it. I agree you should have been told on you first transaction but someone was not doing their job of keeping things in line. You should go when not busy also but if you have an account I dont care if takes 30 mins for you to get it you should be able to get money like you want it no questions asked. my 4 cents
|
|
Valued Member
United States
270 Posts |
The reason that in general a teller will give a non customer one or 2 rolls of coin that htey have in their drawer is because its a small amount and doesn't really take too much time and can go unnoticed. But when you ask for a large amount of change then things start to get recorded. Also if it is a slower moment they may do it for a non customer. Yes they are not suppose to but they are trying to be nice. When you keep coming in and your not a customer then your taking advantage of a service that is made for their customers.
Heres the other thing almost all banks now have a free checking account. Open one and you wont have your problem any more. Normally you only need to keep a dollar in that account to keep it active.
What most people dont understand is that banks are charged for the money that they have in the branch. So banks have now gone to keeping much lower amounts of cash in the branch and what little they have needs to be available to their customers. A bank is a business not a free service. If you want something from a bank become a customer and things work a lot better if you dont want to become a customer then you should be going to your bank. It doesn't cost anything to open a free account.
It is not because we are lazy or dont want to do our job. But we are a business and a business needs to make money. Having a bunch non customers in line does not help the tellers job security. Besides even if you are a customer, if you want to make change at a bank (give them cash and want cash back for it) also does not help the tellers job security, that is not a transaction that is shown on the computer, so when the manager or the main office is pulling the tellers transaction totals they have no idea how many people we actually helped. So the people who make the big decisions about the tellers job have no idea all of those extra people that were helped.
You are right if you arent a customer your bank most likely wont take those coins. We are more likely to take in bills than coins. Rolls of coins tend to be off, if that roll is off and your not a customer, that money that the roll was off reflects back on to the teller as having their drawer short, since there is no account to make the correction to.
Why would people think that its ok to go to a place that they arent a customer and expect to get service like a customer. If you go to a gym and dont have a membership would you get ticked of then when they told you that you couldnt go in and work out unless you were a customer? It is the same thing, but people seem to not think it is because its money.
Edited by imanangel0686
03/22/2008 01:49 am
|
|
Bedrock of the Community
United States
17884 Posts |
quote:
no no Eagle, you do not have to pay a fee. Just walk away if they tell you that there is a fee.
You are going to ask the bank to perform a special service for you, one they don't normally do and which will cost them money, but you don't think you should have to pay a fee to reimburse them for that expense? Then frankly the proper answer that a bank should give when asked to special order coins for a customer should be NO! quote:
What most people don't understand is that banks are charged for the money that they have in the branch. So banks have now gone to keeping much lower amounts of cash in the branch and what little they have needs to be available to their customers.
Also since it costs th bank to order in coins or send them back they try to balance the amount they need for their customers with the amount that normally comes in over the counter. They have a very good idea on average how much they will need each week and how much will come in and try to keep what thy order or send to minimum. When a roll searcher comes in and asks for a bunch of rolls or dumps a batch they got elsewhere it throws they estimate all out of whack and they risk not being able to supply the needs of their regular business customers. (as in businesses that need large amounts of coin for making change.) They don't want to risk making a regular customer with a LARGE account upset because they couldn't supply him after some non-customer roll searcher came in and drew down their supply. quote:
Why would people think that its OK to go to a place that they aren't a customer and expect to get service like a customer. If you go to a gym and don't have a membership would you get ticked of then when they told you that you couldn't go in and work out unless you were a customer? It is the same thing, but people seem to not think it is because its money.
Excellent analogy |
|
Member
United States
3242 Posts |
But fed banks by law cant care a fee! theres about 50 in the fed Rev system find one!
|
|
Forum Dad
 United States
24170 Posts |
quote:
But fed banks by law cant care a fee! theres about 50 in the fed Rev system find one!
Where did you see this? |
|
Pillar of the Community
United States
4541 Posts |
quote:
When a roll searcher comes in and asks for a bunch of rolls or dumps a batch they got elsewhere it throws they estimate all out of whack and they risk not being able to supply the needs of their regular business customers
What is the deal if your a collector and that is you business? Are you saying someone who searches and sells coins business is not as important as say someone in the finance business? and like I said MOST banks want you to have AN ACCOUNT and I would see why they want to charge a fee if your not a customer. They should have told him the first time he went there not on the 4th time! thats all I am saying. YES CHARGE A FEE IF YOU ARE NOT A CUSTOMER. IF YOU ARE A CUSTOMER DONT GIVE LET A TELLER GIVE ANY CRAP TO YOU B/C YOU HAVE A RIGHT TO HAVE MONEY ANY WAY YOU WANT IT! |
|
Forum Dad
United States
24170 Posts |
quote:
Are you saying someone who searches and sells coins business is not as important as say someone in the finance business?
To the bank... absolutely, and rightfully so. If you are a stamp dealer, do you think the post office would let you keep buying stamps and returning them after inspecting them for errors? Not hardly. quote:
IF YOU ARE A CUSTOMER DONT GIVE LET A TELLER GIVE ANY CRAP TO YOU B/C YOU HAVE A RIGHT TO HAVE MONEY ANY WAY YOU WANT IT!
Not true. You do have the right however.... to switch banks. |
|
Pillar of the Community
United States
4541 Posts |
quote:
To the bank... absolutely, and rightfully so. If you are a stamp dealer, do you think the post office would let you keep buying stamps and returning them after inspecting them for errors? Not hardly
1 buisness is not more important than another. everyone is trying to make a dollar. And as far as usps is concerned that has nothing to do with coins I get what your trying to say but if I look at a book of stamps "which I dont" I will still spend them b/c I will put them on an envelope and mail it off.  Edited by daviscfad
03/22/2008 10:47 am
|
|
Forum Dad
United States
24170 Posts |
quote:
1 buisness is not more important than another. everyone is trying to make a dollar.
Including the bank. They most definitely are a business and are perfectly within their rights to deny you wasting their time for free. |
|
Pillar of the Community
United States
1840 Posts |
What's with the sense of entitlement. Could I go to my local grocer and demand free samples of cheese and hotpockets because the other supermarket in town does it? Of course not. If you want free services, take your business to the provider that best suits your needs.
And don't give the tellers a hard time. In all likelihood they don't set bank policy and aren't getting a bonus for dealing with irate or vindictive customers.
|
| |
Replies: 54 / Views: 3,876 |
First Page
Previous Page
Posted 02/09/2008 12:24 pm
