Soldato
- Joined
- 22 Jul 2014
- Posts
- 3,927
- Location
- Oxon
Some HSBC branches have a coin sorting machine, you need to have an account but can deposit as much change as you want and don't lose whatever percent the machines at asda take. I give my son pocket money, which he saves and then we go cash it in to his bank account. He quite enjoys using the coin sorting machine and it helps him understand the relationship between physical cash and the money in his savings account.
They don’t hold that much though. The NatWest branch that we use at work has one which can quite often be full if several people have deposited a few hundred each and then someone with a couple of buckets worth of charity takings hits it. Obviously depends on what coins.
Lol asim - most bank branches don’t even have a vault these days, just a couple of small safes. It isn’t worth the risk keeping more notes than they need on a daily basis.