Can I cash in coins at the post office?
Can I cash in coins at the post office?
If you are paying in cash using a debit card, you can do so during opening hours of the branch you are using. Coin denominations below £1 – only full coin bags will be accepted per the amounts specified on the bags. £1 and £2 coins will still be accepted in partial bags as long as the denominations are separate.
Can I take coins to the post office?
If you have bags of £1 coins they may not take them at the Post Office , banks or retail outlets with the news today that 1 in 20 £1 coins are fake.
Can I put coins into my bank account?
But you can still take your coins into banks if you sort them out for yourself first. In each bag you can collect £1 in coppers, £5 in 5p or 10p coins and £10 in 20p or 50p coins. The bank then weighs the bags to check the amount before paying it into your account. Bank cashiers will not accept bags of unsorted change.
How many bags of coins will Bank of Scotland accept?
Coin denominations below £1 – only full coin bags will be accepted per the amounts specified on the bags. £1 and £2 coins will still be accepted in partial bags as long as the denominations are separate. The maximum amount of coins that you can pay in for any single deposit is £250.
How many bags of coins will Lloyds accept?
by Customer’s Relationship Manager, which will not normally exceed a maximum of seven full denomination coin bags per Location per delivery if banknotes are included in the same order, or up to a maximum of eight full denomination coin bags per Location per delivery if banknotes are not also included.
Can I pay cash into my sons bank account?
Deposit cash at the bank Some banks are banning cash deposits into someone else’s account, though. Handling cash can lead to fraud, so banks are steering clear. Before venturing into a bank branch to put cash in a friend’s account, double check that the bank will allow you to do so.
How much can you pay into a bank in cash?
There is no limit on how much anyone, resident in the UK, can have in their bank account in the UK. However, once you get above £85,000 in a bank, you should start moving it into accounts with other banks because of the compensation limit from the FSCS if a bank goes bust.