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Posted 09/15/2010 2:37 pm
Just to bring some additional insight to this
The bank's policy is going to vary bank to bank, trainer to trainer, location to location, etc.
We hate forgein coins because they obvouisly aren't US coins. They put us out of balance at the end of the night. It's really not too big of a deal though as petty loses uner $1 aren't that big of a deal especially when noted that they are due to forgein currency.
One easy trick would be to just pass it back to the customer. You open a roll with a canadian penny in it, fine. The next guy who comes in and cashs a $20.02 check is going to get it
Other times we might put it in a roll of pennys and hide it that way.
Some banks will throw them in the trash. With some banks, even if you find a US coin just laying on the ground you throw it in the trash (though most banks don't operate quite that drastically).
One thing we don't want to do is pocket the coin - especially if it was found in a roll or a customer deposit. The exception to that might be with a coin machine. At the end of a customer transaction with the coin counter, there may be some forgein coins left over. It's probably not quite the right thing to do, but a lot of tellers will slide that into their pockets since the coin was never counted as bank money in the first place. You could play dumb if you got caught and I think at worst you'll just get a slap on the wrist.
The bank's policy is going to vary bank to bank, trainer to trainer, location to location, etc.
We hate forgein coins because they obvouisly aren't US coins. They put us out of balance at the end of the night. It's really not too big of a deal though as petty loses uner $1 aren't that big of a deal especially when noted that they are due to forgein currency.
One easy trick would be to just pass it back to the customer. You open a roll with a canadian penny in it, fine. The next guy who comes in and cashs a $20.02 check is going to get it
Other times we might put it in a roll of pennys and hide it that way.
Some banks will throw them in the trash. With some banks, even if you find a US coin just laying on the ground you throw it in the trash (though most banks don't operate quite that drastically).
One thing we don't want to do is pocket the coin - especially if it was found in a roll or a customer deposit. The exception to that might be with a coin machine. At the end of a customer transaction with the coin counter, there may be some forgein coins left over. It's probably not quite the right thing to do, but a lot of tellers will slide that into their pockets since the coin was never counted as bank money in the first place. You could play dumb if you got caught and I think at worst you'll just get a slap on the wrist.
