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 Replies: 12 / Views: 1,696 |
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Valued Member
Canada
212 Posts |
would it be alright if I were to go to a bank where I dont have an acount and buy coins from them?
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Pillar of the Community
Australia
7096 Posts |
Why not, All they can tell you is no but most of them just hand out the change and you go away happy  |
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Valued Member
United States
212 Posts |
That shouldn't be a problem. Are you roll searching? If so, you might think about buying coins from one bank and once you've gone through the rolls, cash them in at a different bank where you do have an account. I've heard some banks can get a little annoyed if you buy coins from them in bulk and then bring them back a few days later to be run through their counting machine. Some banks will charge for counting them out for you if you don't have an account with them. Generally, they won't charge you if you do have an account.
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Valued Member
Canada
449 Posts |
A word to the wise.....Keep track of which bank you bought from and which bank you're returning to. If it's the same one? Allow at least a week until you go as for more change. Odds are if you don't, you'll be searching the same coins.
My wife is an enabler....she bought me a sorting machine for christmas.....so now, when I get a roll that I take a few coins out of, it gets dumped into the machine and reloaded. I have a another container with lots of junk pennies to refil the ones that end up at .45 c
If you know you're going to search, get the bank to order you some from their central depot. It's never happened to me, but I've heard of boxes containing 20 mint rolls from the 70's
Edited by secoinedchance
01/21/2012 12:21 pm
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Pillar of the Community
Canada
1166 Posts |
Some banks in my area require that you have an active account with them or they will charge a fee for rolls that you purchase. This started about 2 years ago. I used to buy $100-$200 worth of rolls per week but then they wanted me to have an account or they would charge me 15% of the value of the rolls. I buy most of my rolls now at grocery stores which are usually more than happen to unload rolls of pennies. They'd rather not sell the other denominations.
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Pillar of the Community
United States
651 Posts |
I'm suprised that they haven't charged yet for speaking to a human at the bank.
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Pillar of the Community
Canada
1166 Posts |
Quote:
I'm suprised that they haven't charged yet for speaking to a human at the bank.
It's just a matter of time. |
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Rest in Peace
United States
9104 Posts |
Quote:
I'm suprised that they haven't charged yet for speaking to a human at the ban One of the big banks back in the 80s decided if you didn't have $20,000 in your account, you had to use the ATMs. Didn't last long. There are lots of normal transactions that require a teller. |
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Valued Member
Canada
449 Posts |
Sorry not thread jacking...just can't email members yet...
Hey Fred,
Can you email me....I have a question about pinpointers..
Thanks,
Secoined
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Pillar of the Community
Canada
1700 Posts |
For CIBC, Yes. For TD, No. For RBC, Yes, but they would ask you for an account and sometimes even ask for your personal information. Other banks, might not even have much coins.
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Pillar of the Community
Canada
1161 Posts |
The only bank I have an account at is Scotia. I usually use them for my dump banks along with a local TD as they are open on Sundays and a CIBC as they are the closest bank to me. I have a 2xTD, CIBC, 2xRBC and 2xBMO,s that I buy from. I do not have an account with any of the other institutions...just the Scotia. I have rarely had an issue buying boxes of coins at any of the banks. The only time I have had an issue is if it is the weekend and they only have enough to make sure they can accommodate their business customers over the weekend. My best advise is to ask. All they can say is no.
Good luck hunting and I hope your find a few treasures.
Edited by cladhunter13
01/21/2012 4:38 pm
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Valued Member
Canada
133 Posts |
@Petersun, it's funny how banks can change from town to town. I've gone in to all major branches (RBC, CIBC, Coast Capital Savings, HKBC etc.) for coins and have never been refused. I only have an account at TD. None of them have ever asked me if I have an account with them. However I don't buy boxes from the other banks but if I walk in with $50-$100 and asked for rolls of loonies, dimes, quarters or a mixture I've always been able to get them no questions asked.
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Pillar of the Community
3352 Posts |
"NO COINS FOR YOU!" => The Royal Bank's Coin Nazi  |
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Replies: 12 / Views: 1,696 |
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Posted 01/21/2012 03:47 am
