Can you still take rolls of coins to a bank and get them exchanged for cash?

Question

The question pretty much says it all. I've got about $90 in rolled coins, and I'm wondering if I can take them to a bank and get them exchanged for cash.

Answer 1

Some banks do some don't.

I know a lot grocery stores carry the Coin Star machine. You may want to try that if you have a problem with the bank.

Answer 2

ummm...coins are cash...you mean paper money...yes

Answer 3

You probably don't even have to roll them. The bank is going to trust their electronic coin counter over you to tell them how much the deposit is. Call and ask first, so you don't waste your time rolling.

Answer 4

Maybe.  If you have an account, yes.  If you just walk in off the street, maybe not.  A kid in my high school got arrested for trying to swindle a bank by wrapping pieces of pipe in coin wrappers, with a few coins on the end.  Alternate idea: a lot of banks have automatic coin counters where you can dump the coins (out of the wrappers), the machine counts them, and gives you a receipt.  Take the receipt to the cashier.  Depending on the bank, the may charge you a fee, but will give you cash where they might turn away your wrapped coins.  To get around the whole fee thing, you can open a savings account for the amount on the receipt, then add to it as your coins accumulate again.  Over time, this can be a tidy amount that you can draw from or close out later for no fee.  

Answer 5

Yes, but the bank may limit how much they accept or may charge a fee.  Ask.

Answer 6

I am attempting to collect state quarters.  I trade rolls at my bank so often that as soon as I walk in, one of the tellers grabs 2 rolls from their drawer.  As long as you have an account, I have never heard of a bank that won't accept rolled coins.  Loose coins are a different story.

Answer 7

If I were you, I would open all the rolls of coin and throw them in a jar.  Most financial institutions will have to run the coin through their coin counter because you can't guarantee that your rolls are accurate.  So if you take them their don't get upset if they open all your rolls of coin.  Don't take them to a financial institution you aren't a customer/member at because 9 times out of 10 they will either charge you or they won't even do it for you.  And remember that those coin machines, aren't 100% accurate, you may not end up with exactly $90.  

Answer 8

Yes but they won't be happy about it

Answer 9

Yes.  They won't complain if you have an account there and don't go during their busiest hours.

Those machines in the WalMarts and such charge a fee.