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Exchanging coins into notes

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  • 13-07-2013 8:19pm
    #1
    insomniac86
    Registered Users Posts: 148 ✭✭


    Hi I've kept a habit of putting loose change away in a drawer for a good few years and feel like now is the time to get rid of it I was just wondering how I go about it? Is it a hassle to get it done or can I pop into any Bank of Ireland to get it done?


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    #2
    gustafo
    Registered Users Posts: 1,759 ✭✭✭gustafo


    insomniac86 wrote: »
    Hi I've kept a habit of putting loose change away in a drawer for a good few years and feel like now is the time to get rid of it I was just wondering how I go about it? Is it a hassle to get it done or can I pop into any Bank of Ireland to get it done?

    of course u can..just bag them


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    #3
    insomniac86
    Registered Users Posts: 148 ✭✭insomniac86


    Do you know if they'll give me one of those big coin bags it's just I don't want to be carrying around a load of small bags with me it could take a long time to package it up.


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    #4
    Sheep Shagger
    Moderators, Business & Finance Moderators Posts: 6,373 Mod ✭✭✭✭Sheep Shagger


    Most banks (BOI certainly) will only take full bags (100 units of any particular coin).

    Other alternatives are the coin counting machines in supermarkets but there is a charge, either that or do what I did earlier and paid for 22 quid of shopping in Tesco with 20c and 50c pieces!


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    #5
    john_cappa
    Registered Users Posts: 1,371 ✭✭✭john_cappa


    Sheep Shagger wrote: »
    Most banks (BOI certainly) will only take full bags (100 units of any particular coin).

    A full bag is not necessarily 100 units of an particular coin.


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    #6
    oldyouth
    Closed Accounts Posts: 4,754 ✭✭✭oldyouth


    Pubs are always looking for (properly bagged) coins, as the bank charges them for a supply. Your own bank will also charge you to convert or lodge them. Ask in your local

    Edit; If you have a CU account, they won't charge you to lodge properly bagged coins


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    #7
    AlmightyCushion
    Moderators, Education Moderators, Technology & Internet Moderators Posts: 35,078 Mod ✭✭✭✭AlmightyCushion


    I'm with PTSB and they never charged me for it. Last time I handed in coins though it was about a year ago so maybe things have changed.


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    #8
    oldyouth
    Closed Accounts Posts: 4,754 ✭✭✭oldyouth


    AlmightyCushion wrote: »
    I'm with PTSB and they never charged me for it. Last time I handed in coins though it was about a year ago so maybe things have changed.

    Yeah, it's currently 2% of the amount handled, minimum €1.27


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    #9
    john_cappa
    Registered Users Posts: 1,371 ✭✭✭john_cappa


    oldyouth wrote: »
    Your own bank will also charge you to convert or lodge them.

    I dont think your bank will charge if you lodge them?


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    #10
    Geuze
    Registered Users Posts: 13,385 ✭✭✭✭Geuze


    I pay for pints of beer with coins, the pubs seem happy to get them.

    I also use the machines in Tesco, that gets rid of a lot of coins.


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    #11
    ScottStorm
    Registered Users Posts: 364 ✭✭ScottStorm


    john_cappa wrote: »
    I dont think your bank will charge if you lodge them?

    Boi definitely charge.


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    #12
    oldyouth
    Closed Accounts Posts: 4,754 ✭✭✭oldyouth


    john_cappa wrote: »
    I dont think your bank will charge if you lodge them?

    Perm TSB do


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    #13
    john_cappa
    Registered Users Posts: 1,371 ✭✭✭john_cappa


    How can they justify charging to lodge coin?? Never heard of that before. They only charge for Business accounts AFAIK.


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    #14
    Cliona99
    Registered Users Posts: 374 ✭✭Cliona99


    Ulster Bank doesn't charge, whether you just take the cash or lodge it.


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