can I change or deposit pennies in my bank?

How to get rid of red coins, more commonly called yellow coins? In addition to the Pices Jaunes operation, you can deposit them in your bank account at the start of each year.

Question from Maud, February 15, 2022

My son has put some money aside for the “Pices Jaunes 2022” operation, but we haven’t left the timepieces at the post office. Do banks still accept the deposit of small change? Or is it reserved for companies and associations? This would then allow us to donate the height of this collection of pennies.

What to do with this jar overfilled with small red and yellow pieces? What to do with this envelope full of pennies? Good news: the deposit of money, including coins, is not reserved for professionals: individual customers can deposit them into their account in their bank. Bad news: no bank questioned by MoneyVox agrees to exchange small change for a note.

How do you go about depositing your pennies? Do you have to classify all your coins in plastic rolls provided by the bank? Asked, the French Banking Federation (FBF) replied that the deposit of small change depends on the policy of each bank… It is therefore necessary ask your bank branch to find out what the procedure is for depositing small change.

Response from Societe Generale: Our private customers can deposit money in their account by going to a branch and requesting a deposit envelope and one slip of discount. The red and black bank does not supply rolls to its private customers: This would be useless, since the packaging would have to be “broken” to count the coins. The customer counts the coins, inserts them in bulk in the envelope and indicates the amounts per coin and the total on the delivery note. The agency does not recount, it is the fund carrier who recounts and sends us the information for validation of the credit on account. The count made by the fund carrier is authentic.

up 110 € premium openness thanks to our online banking comparison

At Credit Agricole, similar answer, but be careful: the procedure can change from one regional fund to another! In Ille-et-Vilaine, for example, pouches are provided and customers deposit change in bulk. Details at Crédit Agricole Ile-de-France, where installment chests are available in branches to deposit a bag filled with parts: For reasons of processing cost, it is written on the bags “minimum payment of 300 coins”. However, if a customer wishes to pay less, this will still be possible.

The procedure detailed very precisely by the Crédit Agricole Ile-de-France MoneyVox is almost similar to that of the Société Générale: The customer must ask his branch for a payment bag dedicated to these cash and coins (secure transparent bag for the transport of funds), enter an amount stated on the payment slip, and place the bag in the safe. The customer will be credited with the amount announced subject to counting: during the counting carried out by the cash carrier, if there is a discrepancy (more or less), the customer’s account will be automatically corrected.

At last, The postal banka network widely identified as the benchmark for depositing centimes due to La Poste’s partnership with the Pices Jaunes operation, the cash deposit procedure changed in February 2020. From now on, for any deposit of less than 1500 eurostherefore including deposits of euro coins or centimes, it takes not only a ID – only supporting document requested previously – but also fill in a slip of deposit on which was added a line concerning the origin of the funds (sale of property, donation, small savings, etc.).

La Banque Postale: to deposit cash, you will now have to show your credentials

Finally, with regard to the Yellow Pieces operation, if the collection has been closed since February 5, it is still possible to carry out a donation to the Hospital Foundationorganizer of the yellow coins collection since 1989.

A question to ask the editor? Submit it via our reader questions form. We will answer the most relevant questions.

source site-96