Do Banks Accept Loose Change? Here's What You Need to Know
Learn if banks accept loose change and discover their specific requirements for coin deposits.
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Yes, most banks will accept loose change, though you might need to sort and roll it beforehand. Contact your bank to understand their specific requirements or if they have coin-counting machines for customer use.
FAQs & Answers
- What do I need to do before taking loose change to the bank? Most banks require you to sort and roll your loose change before deposit.
- Do all banks have coin-counting machines? Not all banks offer coin-counting machines; it's best to contact your bank for details.
- Is there a fee for depositing loose change at banks? Some banks may charge a fee for coin deposits, particularly if they need to be counted manually.