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<p>[QUOTE="Conder101, post: 2750914, member: 66"]Communism? Really? Actually it is closer to Capitalism. The bank is a business and they are trying to reduce costs to increase profits. Wanting someone to provide you with a service, that does have associated costs, at no expense to you, THAT'S closer to Communism.</p><p><br /></p><p>Contrary to common public opinion, banks do not exist to exchange money for people, or even to provide safe places to put your money. Banks exist to create profits for themselves by making loans and collecting interest on those loans. And from other investments. The money changing is merely a service provided to their account holders to encourage them to deposit money with them that they then use to make more loans (They have to get the money they are loaning from somewhere.) Years ago they also paid more than just a pittance in interest to their account holders to encourage deposits as well. But for the most part all of the "services" provided to their customers are expense to the bank and they would like to minimize them as much as possible. Exchanging rolls of coins is an expense they can do without.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 2750914, member: 66"]Communism? Really? Actually it is closer to Capitalism. The bank is a business and they are trying to reduce costs to increase profits. Wanting someone to provide you with a service, that does have associated costs, at no expense to you, THAT'S closer to Communism. Contrary to common public opinion, banks do not exist to exchange money for people, or even to provide safe places to put your money. Banks exist to create profits for themselves by making loans and collecting interest on those loans. And from other investments. The money changing is merely a service provided to their account holders to encourage them to deposit money with them that they then use to make more loans (They have to get the money they are loaning from somewhere.) Years ago they also paid more than just a pittance in interest to their account holders to encourage deposits as well. But for the most part all of the "services" provided to their customers are expense to the bank and they would like to minimize them as much as possible. Exchanging rolls of coins is an expense they can do without.[/QUOTE]
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