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DanielL 12.05.2007 16:15

Depositing piles of coins at the bank and coin counters
 
Does anybody know if there are any issues with taking a massive pile of coins into the bank to deposit? After two years of throwing down all my loose change when getting home, I've got a mountain of the stuff.

Uncle Max 12.05.2007 16:22

Re: Depositing piles of coins at the bank
 
Big issues: they'll probably refuse, unless you've used the specific papers available to roll them up in, written your name and address on each roll, and made sure there are the correct number of coins per roll as indicated.

There must be millions of CHF sloshing around the nations drawers, as who - but the bored / skint - can be bothered to do this?

On that note, if you'd like to offer a bored / skint person a bag of coins, for a 50% commission I know someone who'll do it for you :)

DHP 12.05.2007 18:11

Re: Depositing piles of coins at the bank
 
Quote:

Originally Posted by DanielL (Post 60456)
Does anybody know if there are any issues with taking a massive pile of coins into the bank to deposit? After two years of throwing down all my loose change when getting home, I've got a mountain of the stuff.

There shouldn't be any issues.... they have a machine and they throw in the coins and no one is counting coins but the machine.... my daughter used to save coins and before she moved out took a few kilos to the bank - there was no problem... I mean, she took the coins to her bank where she has an account.

Uncle Max 12.05.2007 19:17

Re: Depositing piles of coins at the bank
 
Oh good to know: serves me right going to the Post Office :rolleyes: There they make you roll the coins up. Go to the bank if that's the case :)

25%???

LoyalRoyal 12.05.2007 19:51

Re: Depositing piles of coins at the bank
 
I've taken coins to UBS before, used the machine there no problems. I think they have some sort of limit where if you go above they charge you an admin fee....sorry...can't remember what that was, t'was a while back.

Good luck

Flashman4 12.05.2007 20:37

Re: Depositing piles of coins at the bank
 
The Raiffeisen bank in my little village has a coin machine. You just have a word with the cashier, chuck the money in and it is credited to your account. I think that you have to have an account but am not sure. All my change goes on Automat machines and parking charges. :(

Fraser 12.05.2007 22:00

Re: Depositing piles of coins at the bank
 
Go to the migros bank at limmatplatz, they've got a machine there right insisde the door and it couldnt be easier. As I recall its also open on saturday mornings, although I appreciated I'm 10 hours late telling you this. You dont even have to sort the coins out into different types, you just pour them in the top and then, if you're like me, wait an embarassingly long amount of time as it counts them all out.

440.- to beat!

BeastOfBodmin 12.05.2007 22:50

Re: Depositing piles of coins at the bank
 
Quote:

Originally Posted by DanielL (Post 60456)
Does anybody know if there are any issues with taking a massive pile of coins into the bank to deposit? After two years of throwing down all my loose change when getting home, I've got a mountain of the stuff.

If they're gold, your bank of choice would probably offer to come and collect them for you.

amba 17.05.2007 17:25

Re: Depositing piles of coins at the bank
 
I kept building the 1,2,5chf coins so one day put them in a box and went to pay a large-ish bill at La Poste, Neuchatel. No problem for them and they rolled them in their papers. Customers in the queue weren't so happy:)

DanielL 30.05.2007 16:35

Re: Depositing piles of coins at the bank
 
Quote:

Originally Posted by Fraser (Post 60514)
Go to the migros bank at limmatplatz, they've got a machine there right insisde the door and it couldnt be easier. As I recall its also open on saturday mornings, although I appreciated I'm 10 hours late telling you this. You dont even have to sort the coins out into different types, you just pour them in the top and then, if you're like me, wait an embarassingly long amount of time as it counts them all out.

440.- to beat!

I'll try and get over there. Do they charge a commission if your account isn't with them? I just tried my UBS bank on Parade Platz and they had no machine. Instead they charge 1.5% with a min of 50chfs!

Uncle Max 30.05.2007 16:51

Re: Depositing piles of coins at the bank
 
The machine at Limmatplatz charges 2.5% if you're a customer and 5% if not.

UBS took my coins last week in a plastic bag to be sent to some central sorting office. They take their slice of the pie and put it directly into your account a few days later, which saves hangin' around. But then, you've got to trust they'll be fair and not just give you CHF 3... :rolleyes:

DanielL 30.05.2007 17:46

Re: Depositing piles of coins at the bank
 
Quote:

Originally Posted by Uncle Max (Post 66908)
The machine at Limmatplatz charges 2.5% if you're a customer and 5% if not.

I don't mind paying 5%, but can I still deposit it if i'm not a Migros customer? ie, either send it to my UBS account or get paper money for it.

Quote:

Originally Posted by Uncle Max (Post 66908)
UBS took my coins last week in a plastic bag to be sent to some central sorting office. They take their slice of the pie and put it directly into your account a few days later, which saves hangin' around. But then, you've got to trust they'll be fair and not just give you CHF 3... :rolleyes:

Didn't they impose a min 50chfs?

Mark75 30.05.2007 18:10

Re: Depositing piles of coins at the bank
 
Quote:

Originally Posted by DanielL (Post 66894)
I just tried my UBS bank on Parade Platz and they had no machine. Instead they charge 1.5% with a min of 50chfs!

I guess it depends on the branch then. Last winter I brought a bag of coins to the St. Moritz branch where they have a self service machine. There was no charge at all for UBS account holders. (And it's fun watching the machine with the counter going up... feels almost as good as if you win at the slot machine. :D)

Uncle Max 31.05.2007 11:52

Re: Depositing piles of coins at the bank
 
Quote:

Originally Posted by DanielL (Post 66940)
I don't mind paying 5%, but can I still deposit it if i'm not a Migros customer? ie, either send it to my UBS account or get paper money for it.



Didn't they impose a min 50chfs?

Well, I didn't use the machine, but seeing as there're different tariffs I presume anyone can use it and the coins are converted to notes there and then, rather than tranfering it to another account.

No notice on minimum amounts, guess you just stand there and hope you win :)

BruceFan 12.01.2008 14:04

what to do with all these coins??
 
Hi,

We seem to be collecting pots and pots and jars and bags of coins mixed up together as we were not too wise to keep them separated in the first place: Swiss, UK, US, Euro mostly.

Does anyone know of a cheap way to get them all sorted back and into useful money (i.e. bills into my bank account preferrably) ? Will the UBS counter lady take them or just stare at me in horror?? Want to also save my self the lugging around and frustration... any ideas?

cheers, BruceFan

Spanky 12.01.2008 14:15

Re: what to do with all these coins??
 
Sort your Swiss coins out from the rest and take them to the bank where you have your account. They will chuck them into a sorting machine and only ask 2% (UBS) for their efforts. Used to be free, but lamentably no longer.

Spanky 12.01.2008 14:18

Re: what to do with all these coins??
 
Or ask your bank for the paper rolls and spend a rainy Saturday laboriously sorting and counting them and you can then bring them to the bank and pay it into your account and avoid the 2%

gregv 12.01.2008 14:21

Re: what to do with all these coins??
 
Use all of these coins to buy train/bus/tram tickets or to pay for parking. I get rid of most of my coins this way.

Crumbs 12.01.2008 14:24

Re: what to do with all these coins??
 
You can get the paper rolls from the post office too.

12.01.2008 14:31

Re: what to do with all these coins??
 
A local bank here has a machine in the foyer which customers with large amounts of coins to deposit can use. For all I know it might only be available to businesses, but the technology exists.


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