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 Replies: 10 / Views: 1,666 |
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Valued Member
United States
123 Posts |
My bank with the coin counting machines knows I dump my nickels there. I was talking with the teller the other day and she said they have a customer who dumps large amounts of coins. What he now does is get a supply of the bags used in the coin machine, places his sorted coins by denomination in each in a separate bag. The bank sends them off with their coins and then deposits the amount into his account. They don't care how many bags he sends off to be counted as long as they are sorted.
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Valued Member
United States
352 Posts |
I opened an account with a bank in Walmartall I use it for is a dump.. that gives me 4 places to get coins and 1 dump |
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Pillar of the Community
United States
4212 Posts |
I member in '64, my father would take individual, by denomination canvas bags to the bank in K.C.
There, they were weighed & deposited. This was extended to frequent "dumpers", if that is what they were even called. I really dont know when counting machines became popular.
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Valued Member
United States
71 Posts |
The problem I have seen with this method in my area is that they don't credit the account until after the amount of coins have been verified off-site, tying up your cash until the verification is complete.
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Pillar of the Community
United States
898 Posts |
I worked at a credit union where we used a coin machine. When the bags were full, we sent them off and they were weighed then credited. I'm sure this would be easy to do for a customer as long as you worked it out with the bank before. Saves the tellers a lot of work since you are not having do go through the machine.
I always was curious about how they knew how to weigh the pennies with some being copper and some being Zincolns.
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Pillar of the Community
United States
2824 Posts |
Dump halves, dollars coins to buy groceries, etc in Walmart self service machines |
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Moderator
 United States
14463 Posts |
I haven't tried half dollars in the self serve machines. Might have to give that a try  |
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Pillar of the Community
United States
500 Posts |
Quote:
I haven't tried half dollars in the self serve machines. Might have to give that a try The units they just put in here take them, sounds like a slot machine when you load an entire roll in coin after coin! XD |
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Pillar of the Community
United States
4212 Posts |
"I always was curious about how they knew how to weigh the pennies with some being copper and some being Zincolns."
There were no zincs in '64.
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Pillar of the Community
United States
4333 Posts |
Don't hate me, but here's the method I've used the last five years. I re roll (I can search a customer roll of dimes and re roll it it less than 15 seconds), I dump say $500 worth of rolls over the teller counter, and get my cash immediately. The tellers later unwrap the rolls and they are sent out with the courier. I never count coins, only rolls. Never have had a problem.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Valued Member
United States
309 Posts |
i only do halves, so I wont give to bank in bags to deposit because I feel it will look like an income on bank statement, had this issue when I was purchasing my home, loan company couldnt understand all the money movement in my checking account, well we made it through the loan process, now I reroll and get cash and use cash to buy boxes, no more deposits and withdrawals, I use multiple banks to drop I spread it out..just works for me
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Replies: 10 / Views: 1,666 |
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Posted 05/30/2014 9:01 pm
