Paying in cash | Coin bags (2024)

FAQs

What is the answer to the money bags maths problem? ›

The basic idea behind the solution is to find the four different numbers which can add up to give 1p to 15p. The solution for the question is 1,2,4 and 8. The 1st bag holds 1x1p, the 2nd bag contains 2x1p, the 3rd bag holds 4x1p and the 4th bag contains 8x1p.

Walmart doesn't have free coin exchange services themselves, but some locations have Coinstar coin counter machines. Keep in mind that Coinstar charges a fee, but you can avoid this by choosing a gift card option instead.

“Different banks have different coin acceptance policies,” Kenneally says. “Some accept rolled coins and some accept loose coins to process through a coin-counting machine. If they have a machine, loose coins are usually preferred.”

Ideal for retail, hospitality and other cash handling organisation, these standard coin bags are pre-printed with the amount per denomination required for banking coins: 20 in 2 or 1 pound coins, 10 in 50p or 20p, 5 in 10p or 5p and 1 in 2p or 1p.

Money bags are a finger food favourite served at Lunar New Year. These delicious morsels are filled with a savoury pork mixture and encased in a wonton wrapper before being baked until golden and crispy. Money bags are distinguished from traditional wontons by the piece of chive carefully wrapped around each dumpling.

The fees associated with using Coinstar's cash option help cover the costs of counting and sorting the coins, as well as maintaining the kiosks. If you're looking to avoid these fees, opting for an eGift Card is your best bet. You bypass the service charge and get funds to use at specific retailers and restaurants.

If you decide to turn your coins in for cash, there is a service fee up to 12.5% + $0.59 transaction.

To the best of my knowledge, coinstar machines are available in all Walmart locations, but none of them are exactly free. If you go to use one, be sure and look closely at the print on the screen, because most of them charge anywhere from 10 to 12%.

It applies only to cash payments and does not apply to bills paid electronically, for example, by debit card, credit card or by store card. Rounding aims to reduce the need for 1 and 2 cent coins which cost more to produce than they are worth. However, 1 and 2 cent coins will continue to be legal tender.

Do banks still do coin bags? ›

Loose coins and change

If you're depositing a small amount of loose coins, you can pay these in at a Nationwide branch. If you have a large number of loose coins, we can give you bags to separate these into.

Can you get money bags from the bank? To handle big amounts of cash or coins, you usually can get money bags from the bank, free of charge, especially if you have a business account.

Is this legal? Yes. A bank can set its own internal policy as to whether it will accept or exchange unrolled coins for currency.

Your local bank branch is a good place to exchange coins. The branch will typically give you coin wrappers for free. Credit unions or community banks are more likely to have free coin-counting machines for members. Coinstar machines are in many supermarkets, and Publix has its own machines.

Some banks and credit unions offer free coin-counting services. Most limit this service to customers, and you'll find some variations in how the services work. Some have self-service coin counters on site. Others restrict the amount of change you can convert in a single visit.

If you find an item of value in a public space, turn it over to the police. They will work to track down its rightful owner.

Riddle Explained

Let's make this as simple as possible: The man stole a $100 bill to begin with—so that is what the shop owner had lost. The man used that $100 to buy $70 worth of stuff, which means the shop owner had to provide $30 in change from the register to complete the transaction.

Solution. There is no missing dollar. You cannot add the manager's $2 to the $27 that the three friends paid, because how much they paid already includes it – this would be double-counting. The three friends ended up paying $27, including $25 to the hotel and $2 to the manager, which adds up.