Poll about your reject coins

[fiatboy]

What's the most you've ever dumped all at once? Any problems? Stories? Are you a regular at that bank? Account holder? Was there a coin counter or were your coins wrapped?

 

[65gt350]

Do you have to put your account number on the bag? Where does WF send the bags to? Do they have their own cash vault or do they ship it directly to the FED?

Since I take them to different branches they all make up their own rules.

One branch gave me the tear off stub on the top, as a receipt.
Another branch refused to give me the stub. He said that they keep it for themselves when they turn in the coins. I made him write the bag's number on my dep receipt.

Wells Fargo wants the bags so they can turn them in to the delivery truck. I guess any rolls turned in have to stay there but full ($500) bags get to go. I never got too personal about questions on what happens to the coins after I leave. I did ask my credit union that question once and she said, "Oh, I can't say for security reasons" This was right after I had seen a brinks type truck pull out of their parking lot as I came in. If there was real security issues the armored car should be disguised as a MILK TRUCK

Another bank I use wants $500 in an unsealed canvas bag. They wait till I bring in $1000 and then they can ship them off. They are happy to do this and give me the bags.

Cyberdan,
Thank you for the insight. It is this type of information that helps you develop an understanding of the process. I know that when the banks get to much in rolls they will break open the rolls and send it in. Most times they combine the halves with the dollar coins.

65GT350

 

[cyberdan]

....Thank you for the insight. It is this type of information that helps you develop an understanding of the process.

We are all in this together. I know I appreciate it when someone finds out how things are done "behind the scenes" and passes on the info, so I try to do it also.

I know that when the banks get to much in rolls they will break open the rolls and send it in. Most times they combine the halves with the dollar coins.

I found that out once myself. A Wells Fargo teller said he had some JFKs and IKEs and pulled out a big bag. He wanted me to buy it all but I could see more than half was the smaller dollars. So he poured the bag out on his counter and pulled out what I wanted.