From: morrisj@epsilon3.com
On 4/7/2016 1:20 AM, Thomas Prufer wrote:
> On Wed, 6 Apr 2016 19:30:53 -0000 (UTC), Moe Trin
> wrote:
>
>> For a phone company, they were an expense to maintain. The cost of
>> collecting the coins (armored car service, etc), and auditing would
>> out-weigh any profit now. The idea of abandoning the phones/kiosks
>> would not set well with the property/building owner, I'm sure
>
> Literally out-weigh... coins are heavy.
>
> Banks dislike processing lots of coins. Here (Germany), for a customer
account,
> I know of one bank in a heavily banked urban ares that has a coin machine.
Toss
> in coins, up to about half a shoebox volume, and it counts, checks and sorts,
> and prints a deposit slip, and the money is credited to an account.
My credit union has that at all their branches. I've dumped about $500
worth of change at one time.
>
> For a regular private customer, the service is free once a month, and about
$2
> US a pop after that. The machine is frequently out of order, by ATM
standards;
> the "rejected" bin sometimes contains interesting coins that folk have not
> bothered to take...
At mine it's free all the time for customers. And fortunately it is
mostly up and if not a credit union employee is usually able to fix it.
>
> The other banks want the money bagged and handed in, to be processed off-site
> within a week or three. Or sorted, counted, rolled, and in one particularly
> obnoxious case, marked with an account number and signed, alls by the
customer.
> Ostensibly "acct. number & signed" was "just in case it comes up short"...
they
> had scales to check, but never used them.
Before the coin counter we use to have to roll coins and do the account
number for our church deposit. We'd get a lot of change.
You can find the machines in some stores in US. IIRC there's like a 10%
fee at those.
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
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