Can You Deposit Coins in an ATM? Answers & Alternatives
Discover if you can deposit coins in ATMs and learn about alternative methods for handling your spare change.
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Coins typically cannot be deposited in standard ATMs; these machines usually only accept banknotes and checks. To deposit coins, visit a branch of your bank where coin machines are available, or utilize coin-cashing services offered by certain retail stores. Always check with your bank for the most appropriate method.
FAQs & Answers
- Can I deposit coins into any ATM? Most standard ATMs do not accept coins; they typically only take banknotes and checks.
- Where can I deposit coins? You can deposit coins at your bank's branch using coin machines or through coin-cashing services at select retail stores.
- What should I do with my spare change? Consider using banks with coin deposit machines or use stores that offer coin cashing services for easy conversion to cash.
- Are there fees for using coin cashing services? Some retail coin-cashing services may charge fees, so it's best to inquire ahead of time.