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 Replies: 14 / Views: 11,313 |
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Valued Member
Canada
290 Posts |
Does anyone here buy or has bought straps of uncirculated notes from a Canadian bank branch without paying a fee. I know RBC charges a fee for it. What about other banks, how much do they charge ?
Any help is appreciated.
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Pillar of the Community
United States
7840 Posts |
I don't know about Canada, but anybody should be able to pick up a new strap of crisp notes just by asking nicely! Why in the world would a bank charge a fee?  (Not trying being sarcastic) Edited by oih82w8
03/23/2012 9:22 pm
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Pillar of the Community
Canada
1731 Posts |
I dont think their will be a fee. Never got charged one for coins. Just ask nicely and you should be good.  |
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Moderator
 Canada
10458 Posts |
It is hit and miss, depending on the people at the individual bank branches. A couple of BMO branches I know waive the charge, if you are nice enough to them. I bring my bank people Starbucks lattes, and they give me all the cool stuff and silver that comes in...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
Canada
58 Posts |
Ive never thought of getting UNC straps. I bank with TD I have tried to sweet talk all the tellers at every branch and thought I was doing well. I was thinking of maybe starting a second account at either BMO or RBC. I swear the average population of the city I work in is 70. Go to each branch of my bank once a week, and ask for 50c pieces, dollars, or old notes. Sometimes I even ask if anyone has emptied their piggy bank and deposited some juicy rolls. I feel bad picking their brains when its busy. If I could get straps of each domination I would be all over it. How many bills in a strap?
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Valued Member
 Canada
290 Posts |
Thanks all, I will try again, but this time, at my new RBC branch and see if they can let me have a strap without making me pay a fee.
loonietoon:
There are 100 notes in a strap.
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Valued Member
Canada
290 Posts |
Alright, here is a little update. I have been to my new RBC branch and asked for a strap of UNC 5$. They said that they did not hold any. They only had circulated notes. Then, I went to my BMO branch and they told me the same thing. Seems to be difficult to get your hands on UNC notes where I live. Could it be because the last time 5$ notes were printed was too long ago, in 2010, and that no new stock comes in because of that?
Anyone else would like to share their experience?
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Valued Member
Canada
497 Posts |
Baanos, you might try the main branch rather than the community branch for a strap of uncs.
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Pillar of the Community
Canada
4944 Posts |
I have gone to CIBC and asked if they could order in Unc. bundles, and they told me the "fee" for all the paper work was going to be $25. (I can't remember if it was $25 or $35. Either way, I wasn't paying it)
Here is some random info. about the names of notes that have been "strapped" together.
100 Notes = Bundle
1000 Notes = Brick
4000 Notes = Block
Usually when I go to the bank, I will get bundles of $5's that they have sitting around the bank which are usually circulated. However, I have received Unc. notes quite a few times without any fees (because they were already at the bank, I guess).
Edited by Canadian-Banknotes
04/02/2012 12:13 pm
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Valued Member
Canada
290 Posts |
Canadian-Banknotes:
I was quoted a similar fee some time ago at an RBC branch. I'm curious, where did you get that info on the different names for notes which were strapped together ? It leads me to think that us Canadians might not be using the same terminology as Americans. This is the terminology they use(on the BEP website):
100 Notes = 1 Strap
10 Straps = 1 Bundle (1,000 bills)
4 Bundles = 1 Brick (4,000 bills)
4 Bricks = 1 Cash-pack (16,000 bills)
40 Cash packs = 1 Skid (640,000 bills)
What do you think ?
west- canuk:
Thanks for the info, I will try the main RBC branch here in Montreal when I get the chance.
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Pillar of the Community
Canada
4944 Posts |
Yeah they look to be almost the same. I had 500 down for a brick originally, but it is actually 1,000 notes. I guess I wasn't thinking straight.
The numbers of notes are the same, but the terminology is a little different.
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Valued Member
Canada
290 Posts |
Here's a follow-up on my case. I went to the main RBC branch in Montreal today and I asked for a strap of UNC 10$. They checked and they did not have that, so I took 100 circulated 10 dollar notes instead. I was also told that if I wanted a strap of uncirculated notes, I would need to place an order and it would run me 11$ extra.
Next time, I'll take as many 50 dollar notes as I can afford since they have them brand new.
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Valued Member
Canada
497 Posts |
So now that you have all those $10 notes, are you going to search for BTT and BTU error notes printed on the wrong banknote paper ? They will have the queen as the watermark rather than John .A MacDonald.
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Pillar of the Community
Canada
4944 Posts |
I have searched thousands of $10's and have never found one, personally.
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Valued Member
Canada
290 Posts |
Actually I was looking for fancy serials and errors. I was not aware of that specific error, thanks for the tip. I checked them all and nothing.
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Replies: 14 / Views: 11,313 |
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Posted 03/23/2012 9:36 pm
