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Bedrock of the Community
United States
20753 Posts
 Posted 02/07/2011  12:24 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
so there are in fact banks that have that sort of deal going?


Banks are really odd lately. I've got accounts in 5 different banks in my area. With Bank of America if you bring in bulk coins, they put them in a plastic bag and send out for counting and there is a charge for that if you have an account or not. Without an account, the charge is higher. Just for fun I asked what if I bring in a hndfull of coins. A teller told me rules ar rules and they must be sent out for counting. Nuts. Similar with Chase Banks by me. A few smaller banks still have coin counting machines and one will still take in coins if you have an account and no charge if less than $100 in coins. People in other states tell me the same banks I use have different policies in those states. None by me will order any bulk coins for anyone without a buisness anymore. None will handle Half Dollars either.
I asked at BOA why such silly new rules. Was told that basically coin collectors have made these rules necessary. People bring in short rolls all the time. Those are the ones where they either are missing one coin or have a few washers in each roll. Then too so many take out bulk coins and just return them eating up tellers times. This makes people in line irritated and the banks don't want to loose a REAL CUSTOMER for someone that wants to play look for a good coin.
Pillar of the Community
oblakavshtanax's Avatar
United States
757 Posts
 Posted 02/07/2011  12:29 pm  Show Profile   Bookmark this reply Add oblakavshtanax to your friends list Get a Link to this Reply
yeah it's weird right now. even when I started six months ago the banks were much looser with their coin.

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