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 Replies: 13 / Views: 2,197 |
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Pillar of the Community
Canada
1980 Posts |
one of the banks called me today said they had some old bills for me this is what they had, I also asked if they had the new toonie,,,,i also grabbed $45 in pennies  |
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Moderator
 United States
187862 Posts |
Excellent!  |
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Pillar of the Community
 Canada
5585 Posts |
You lucky dog, Scott. You get around much more than I do .... and we live in the same town!
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Pillar of the Community
Canada
9156 Posts |
Nice find , I can't get my bank to do any thing.
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Pillar of the Community
 Canada
1980 Posts |
Quote:
I can't get my bank to do any thing try other banks I goto just about all the banks here, I find alot of tellers dont really know what they have so they ususally say no but if you ask the right person you score. its usually the one in charge of coin. once you find something leave your number and come back once in a while and follow up eventually they will call or you find more stuff alot of banks love giving out their pennies so they dont have the hassle of shipping them out |
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Pillar of the Community
Canada
9156 Posts |
I do visit all branch's and not one of them will let me buy the cents. I have 2 banks that do put some of the none circulating coins to the side.
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Pillar of the Community
Canada
1980 Posts |
another bank called me yesterday said they have some old bills this is what I grabbed  |
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New Member
Canada
15 Posts |
I would advise caution when buying old notes that are circulated or just face value. A fair amount of banks are not taking them out here and come Jan 01/21, they will no longer be obligated to accept $1,2,25,500 & $1000 notes at face value with a few exceptions of curtesy to clients etc.
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Pillar of the Community
Canada
1505 Posts |
I will happily buy any $25, $500 at face value ;-)
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Pillar of the Community
Canada
3733 Posts |
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A fair amount of banks are not taking them out here and come Jan 01/21, they will no longer be obligated to accept $1,2,25,500 & $1000 notes at face value This is not true, while they will be removing the legal tender status, that just means you can't spend them at business's.. You will still be able to redeem them at any bank.. https://www.bankofcanada.ca/banknot...-bank-notes/ |
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New Member
Canada
15 Posts |
@silverwolf
That's what they say. If you actually read the fine print and terms/conditions on the claim forms, it states that it is basically the chartered banks decision if they would like to redeem the notes on behalf of their clients and reimburse them on the spot. Secondly, it says that any amount over $1000 per household will be reported to FINTRAC and the CRA etc. Also it says that the BOC may refuse any claim without reason and withhold the notes. It is scary that they did not mention these terms more clearly. In addition as I stated before, some banks right now in town are refusing to take old notes as well as the $20 for $20 coin series as well as any old post 1968 nickel dollars and halves. I have even spoken to multiple branch managers and even in one case spoke with a regional representative and I was basically told the same thing on all those levels and that they don't have to accept anyhting and if they do, it is a service/curtesy for their clients.
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New Member
Canada
15 Posts |
Even with $1000 notes I have a hard time finding a bank willing to accept them and struggle getting rid of them at face value.
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Moderator
United States
187862 Posts |
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another bank called me yesterday said they have some old bills this is what I grabbed Very nice! |
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Pillar of the Community
Canada
1923 Posts |
Nice little treasure trove for you gidjit good luck on your discoveries my fingers are crossed for you and hope you find a special note.
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Replies: 13 / Views: 2,197 |
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Posted 09/15/2020 4:03 pm
