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<p>[QUOTE=&quot;chrisild, post: 1651028, member: 39&quot;]Hmm, not quite. First, while the euro was introduced in Jan-1999, it took three more years until the cash came. More importantly, it is up to each euro area country if the old coins have a fixed redemption period (and which one) or not. In some member states they can be redeemed &quot;forever&quot;. However, and that sounds like a good idea to me, you need to send the to the central bank, or take them to a branch office. Commercial banks are not involved here.</p><p><br /></p><p>Also, it would have been a brilliant idea to have some rounding rules. In the euro countries that allow rounding (FI, NL) there are regulations which state that you need to round up/down cash totals to x.y0 or x.y5, whatever is closest. My guess is, the Canadian government simply does not expect many people to get their pennies redeemed ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>

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