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Fed Banks charge for rolled coinage?
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<p>[QUOTE="Just Carl, post: 673690, member: 4552"]As already mentioned all banks are in buisness and the purpose of that buisness is to make a profit monitarily. They need the profit to pay employees, thier benifits, up keep of the property, property taxes, gas bills, electric bills, phone bills, water bills and on and on and on. </p><p>When someone just wants to play give me coins and here is your coins back, the bank looses money. Employees take out time to get those and return the same ones over and over and over. There is no profit for the bank that used to do this and more and more are refusing to play that game. </p><p>Stop and think if you were in buisness to make shoes and people keep coming in for a few shoe nails or glue and not want to pay for that. You wouldn't like that would you. Yet to bother a bank for coins is different, right? </p><p>The Bank of America by me has instituted a new policy. No bulk coins for customers without a buisness type of account and even then, there is now a charge. Most of them no longer have coin counting machines. They must be sent out for counting thanks to the idiots that play the short roll game. One coin missing from each roll. Now to send the coins out for counting there is a charge for the customer. </p><p>Such policies will be slowly instituted everywhere thanks to those playing the take out and put in large quantities of coins for fun and hobby.[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 673690, member: 4552"]As already mentioned all banks are in buisness and the purpose of that buisness is to make a profit monitarily. They need the profit to pay employees, thier benifits, up keep of the property, property taxes, gas bills, electric bills, phone bills, water bills and on and on and on. When someone just wants to play give me coins and here is your coins back, the bank looses money. Employees take out time to get those and return the same ones over and over and over. There is no profit for the bank that used to do this and more and more are refusing to play that game. Stop and think if you were in buisness to make shoes and people keep coming in for a few shoe nails or glue and not want to pay for that. You wouldn't like that would you. Yet to bother a bank for coins is different, right? The Bank of America by me has instituted a new policy. No bulk coins for customers without a buisness type of account and even then, there is now a charge. Most of them no longer have coin counting machines. They must be sent out for counting thanks to the idiots that play the short roll game. One coin missing from each roll. Now to send the coins out for counting there is a charge for the customer. Such policies will be slowly instituted everywhere thanks to those playing the take out and put in large quantities of coins for fun and hobby.[/QUOTE]
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Fed Banks charge for rolled coinage?
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