Coins are not free at your local bank. These are usually free from vending machines (such as a cash drawer) or some other dispensing machine, and so must be handed over to the bank before collection. The only exception to this is where the money is part of a ‘tentpole’ gift, such as if your family has moved out of your home. Many people in your area, especially those in social housing, tend to give money to this kind of service as part of a ‘tentpole’ gift which is not part of your normal monetary needs.
So, why are they not free at your local bank?
In general, banks have a policy of not accepting coins unless you hand them over first. They don’t accept any bills that are blank, unless you send them back to them by post or courier. Cashiers do not accept change or coins unless you give them your money in full. And there are a few exceptions, to get the money safely to the bank, for example, they may accept a credit card or cheque as an alternative to any coin, provided you have your money together with it. In some areas, such as London, you can leave your coins at the bank and the cashier will collect them, but in most other areas, the cashier will have to go in and collect.
Does my local branch of the bank usually have a cashier to collect all my coins?
It’s unlikely that most branches will have a cashier to collect coins at home at your convenience, but in areas with a high number of coins or a small number of small denomination cash, you might wish to speak to the branch of the bank where you have coin problems. In the vast majority of cases, your bank will be able to get the coins into a special coin box, but occasionally they will need the customer’s personal identification to get the coins. Some branch of banks are able to carry out coin collection at their own depots, so they will not appear in the list below.
Where can I get coins from?
The National Coin Centre on the Central Bank of Ireland website offers a range of coins at various prices to buy, including old Irish pound coins and Irish quarter coins, and Irish halfpenny coins. The centre also has a dedicated website www.nciceval.ie, containing a wealth of information about coins.
When will I get my coins back?
We expect most people to be back in touch within
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