Found Collection

by **stone** » Thu, 31 Mar 2005 21:44:54

http://www.hindustantimes.com/news/181_1299798,0006.htm

by **Edwin Johnsto** » Thu, 31 Mar 2005 23:03:06

Quote:

> http://www.hindustantimes.com/news/181_1299798,0006.htm

And it's not just India. Yesterday I saw a Starbucks barista with a
plastic container of coins from the tips of the week. She took it to a
bank where they deduct 7% to turn it into paper money.
What a ripoff!

by **Fernando de la Cuadr** » Thu, 31 Mar 2005 23:45:32

Quote:

> She took it to a
> bank where they deduct 7% to turn it into paper money.

Here, in Spain, almost all banks never change you coins by paper. Only few
coins, never more than 5 or 10 Euros. If you have many coins, you should pay
it in your account.

Fernando

by **Sheldon Englan** » Fri, 01 Apr 2005 07:27:41

Quote:

> Here, in Spain, almost all banks never change you coins by paper. Only few
> coins, never more than 5 or 10 Euros. If you have many coins, you should pay
> it in your account.

> Fernando

In Canada the 1-cent coin is only considered legal tender in quantities
of less than 50 -- which is another reason I say to do away with the
frickin' denomination that only exists to allow merchants and
governments to squeeze a few more percentage points their way.

Either money should be legal tender or not IMO.

- Sheldon

by **A.E. Gela** » Fri, 01 Apr 2005 10:07:32

Quote:

>> Here, in Spain, almost all banks never change you coins by paper. Only
>> few
>> coins, never more than 5 or 10 Euros. If you have many coins, you should
>> pay
>> it in your account.

>> Fernando

> In Canada the 1-cent coin is only considered legal tender in quantities
> of less than 50 -- which is another reason I say to do away with the
> frickin' denomination that only exists to allow merchants and
> governments to squeeze a few more percentage points their way.

> Either money should be legal tender or not IMO.

So don't accumulate more than 49. Spend them as you get them.

Tony

Quote:

> - Sheldon

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by **Darre** » Fri, 01 Apr 2005 17:38:41

Quote:

>> Here, in Spain, almost all banks never change you coins by paper. Only few
>> coins, never more than 5 or 10 Euros. If you have many coins, you should pay
>> it in your account.

>> Fernando

> In Canada the 1-cent coin is only considered legal tender in quantities
> of less than 50 -- which is another reason I say to do away with the
> frickin' denomination that only exists to allow merchants and
> governments to squeeze a few more percentage points their way.

> Either money should be legal tender or not IMO.

Scottish and Northern Irish Banks issue notes in the UK but these are not
legal tender even in Scotland or Northern Ireland.

Thanks
Darren

by **note.bo** » Fri, 01 Apr 2005 19:18:22

Many countries have a limit on how many low denomination coins are legal
tender, this is to prevent people paying the tax man in a very large
number of low denomination coins. Billy

Quote:

> > Here, in Spain, almost all banks never change you coins by paper. Only few
> > coins, never more than 5 or 10 Euros. If you have many coins, you should pay
> > it in your account.

> > Fernando

> In Canada the 1-cent coin is only considered legal tender in quantities
> of less than 50 -- which is another reason I say to do away with the
> frickin' denomination that only exists to allow merchants and
> governments to squeeze a few more percentage points their way.

> Either money should be legal tender or not IMO.

> - Sheldon

by **Fernando de la Cuadr** » Fri, 01 Apr 2005 23:53:36

European Central Bank do not allows any commercial transaction where more
than 40 coins are involved, regardless of its *** value.

This regulation should be applied in all the 12 Euro-zone countries.

Quote:

> Many countries have a limit on how many low denomination coins are legal
> tender, this is to prevent people paying the tax man in a very large
> number of low denomination coins. Billy

> > > Here, in Spain, almost all banks never change you coins by paper. Only
few
> > > coins, never more than 5 or 10 Euros. If you have many coins, you
should pay
> > > it in your account.

> > > Fernando

> > In Canada the 1-cent coin is only considered legal tender in quantities
> > of less than 50 -- which is another reason I say to do away with the
> > frickin' denomination that only exists to allow merchants and
> > governments to squeeze a few more percentage points their way.

> > Either money should be legal tender or not IMO.

> > - Sheldon

by **Christian Feldha** » Sat, 02 Apr 2005 01:43:48

Quote:

> In Canada the 1-cent coin is only considered legal tender in quantities
> of less than 50

We have similar limitations in Euroland: The "legal tender limit" for
coins is 50 pieces (regardless of denomination) per payment.

Christian

by **Christian Feldha** » Sat, 02 Apr 2005 01:51:17

Quote:

> 40

50.

;-)

Christian

Found Collection

Indian banks refusing to accept coins

Indian banks refusing to accept coins

Indian banks refusing to accept coins

Indian banks refusing to accept coins

Indian banks refusing to accept coins

Indian banks refusing to accept coins

Indian banks refusing to accept coins

Indian banks refusing to accept coins

Indian banks refusing to accept coins

Indian banks refusing to accept coins

Indian banks refusing to accept coins