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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
 Posted - 08/05/2010 : 14:54:40
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I was picking up my nickel and penny order today and asked the merchant teller if she ever gets Canadian coins and what does the bank with them.
She said that of course they don't accept them. I asked her what happens if they accidentally get Canadian coin.
She said that they can't give them to clients since it is foreign and they can't convert it.
She said they just throw it out 
I told her that I would buy it if she gets any.
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SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
Edited by - PennySaved on 08/05/2010 14:57:02 |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 08/05/2010 : 15:20:19
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| where is this bank, what state |
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abe
Penny Pincher Member
117 Posts |
Posted - 08/05/2010 : 16:11:02
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| Why can't they convert them? Something doesn't sound right especially for a bank. Money is money no matter were it comes from. It sounds to me like a lazy employee doesn't want the hassle of a little x-tra work. |
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NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 08/05/2010 : 16:58:04
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Tossing them out is common practice. But, they should be able to give them away to you. One of my banks takes care of me....
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 08/05/2010 : 18:04:04
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| That is the same thing that they do with foreign coins in the coin machines |
You don't have to be the BEST you just have to be.......SLICK
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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 08/05/2010 : 22:07:05
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You can't be sure that 'converting' is that easy.
I don't know the specifics if you have to be registered, licensed, ?what? in order to operate forex.
But from my experience, it is the same, foreign coins are the same as 'non-money' to a US bank. |
"May your percentages ever increase!" |
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fasTTcar
Penny Hoarding Member
Canada
573 Posts |
Posted - 08/05/2010 : 22:40:59
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| Funny thing is, we are very close to that Canadian coin being worth much more than the American counterpart. |
www.londongoldbuyer.com |
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Beau
Penny Pincher Member
216 Posts |
Posted - 08/05/2010 : 22:47:50
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wal Mart does the same thing here.
I know the girl that used to get them, but now they have a new rule.
everything goes in the dumpster, that they don`t know what it is.
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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uthminsta
1000+ Penny Miser Member
USA
1872 Posts |
Posted - 08/05/2010 : 23:40:40
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| Once in a while, when I am in a conversation with tellers about their change machines or whatever, I ask what they do with the stuff that gets rejected. They usually say something like "Oh, we have a guy who takes it." Oh well. So far I haven't gotten to be that guy. |
Come to the new and improved realcent: http://realcent.org
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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 08/06/2010 : 16:10:35
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| hahaha... keep it up, you may be one day. |
"May your percentages ever increase!" |
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Topic |
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Blasphemy Bank throws out Canadian coins
Forum Locked
Posted - 08/05/2010 : 23:02:42
