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<p>[QUOTE="TaborTot22, post: 2096986, member: 39398"]I know that many people have brought this subject up time and time again but I am wanting some clarification by those people who have had some experience in this area...</p><p><br /></p><p>For two years, I took my half dollars to a local bank who has coin counting machine. It is the only machine in my city that has a machine that can take half dollars. Throughout the two years, I had absolutely zero problems. I took about a year off from CRH and have recently started again. During my 3rd trip to this bank, the teller informed me that they can no longer take my half dollars. When I asked why, she said it was because of additional fees the bank has to pay to ship the coins out. She said that if I wanted to pay those fees, they would gladly let me continue to take the coins there. When I asked how much the fees were, she said she would call me and let me know. </p><p><br /></p><p>Today, I received a phone call from this teller informing me that the fee would be 10%. After processing this information, I asked her if the bank had to pay $100 per bag of half dollars in order to ship them out. She said no but that I would have to pay 10% of any half dollars that I brought to that bank. I informed her that a bag of half dollars had 2000 coins in it, which equals $1000. If the bank didn't have to pay $100 per bag, were they trying to make a profit on my CRH? </p><p><br /></p><p>Listen, I get it. The bank doesn't have to meet my needs when I bring the coins in. Had they just said, "No more halves please," I would have been upset but I would move on and stop. Instead, it seems that they are trying to make money by giving me such an hafty fee for me to pay. </p><p><br /></p><p>I also asked the lady if I would be charged for bringing in cents, nickels, dimes or quarters. She said no and that I was welcome to bring them in. </p><p><br /></p><p>For those who have experience with this, a few questions:</p><p><br /></p><p>1. Does this fee seem justified?</p><p><br /></p><p>2. I know that the bank pays to have bags of coins taken by the armored truck. But does the type of coin indicate a higher fee? Does half dollars provide an additional cost to the bank?</p><p><br /></p><p>3. Anybody else have a similar issue to this? Should I just let it go or should I ask to meet with the "higher power" within the bank?</p><p><br /></p><p>Thanks for any advice.[/QUOTE]</p><p><br /></p>
[QUOTE="TaborTot22, post: 2096986, member: 39398"]I know that many people have brought this subject up time and time again but I am wanting some clarification by those people who have had some experience in this area... For two years, I took my half dollars to a local bank who has coin counting machine. It is the only machine in my city that has a machine that can take half dollars. Throughout the two years, I had absolutely zero problems. I took about a year off from CRH and have recently started again. During my 3rd trip to this bank, the teller informed me that they can no longer take my half dollars. When I asked why, she said it was because of additional fees the bank has to pay to ship the coins out. She said that if I wanted to pay those fees, they would gladly let me continue to take the coins there. When I asked how much the fees were, she said she would call me and let me know. Today, I received a phone call from this teller informing me that the fee would be 10%. After processing this information, I asked her if the bank had to pay $100 per bag of half dollars in order to ship them out. She said no but that I would have to pay 10% of any half dollars that I brought to that bank. I informed her that a bag of half dollars had 2000 coins in it, which equals $1000. If the bank didn't have to pay $100 per bag, were they trying to make a profit on my CRH? Listen, I get it. The bank doesn't have to meet my needs when I bring the coins in. Had they just said, "No more halves please," I would have been upset but I would move on and stop. Instead, it seems that they are trying to make money by giving me such an hafty fee for me to pay. I also asked the lady if I would be charged for bringing in cents, nickels, dimes or quarters. She said no and that I was welcome to bring them in. For those who have experience with this, a few questions: 1. Does this fee seem justified? 2. I know that the bank pays to have bags of coins taken by the armored truck. But does the type of coin indicate a higher fee? Does half dollars provide an additional cost to the bank? 3. Anybody else have a similar issue to this? Should I just let it go or should I ask to meet with the "higher power" within the bank? Thanks for any advice.[/QUOTE]
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