If you’re looking to exchange coins at Wells Fargo, here’s what you need to know:
- No coin counting machines: Wells Fargo phased out in-lobby coin-counting machines a few years ago.
- Rolled coins required (usually): You will likely need to roll your coins before taking them to a Wells Fargo branch to exchange them for cash or deposit them into an account. Wells Fargo does offer free coin wrappers.
- Free exchange for customers: Wells Fargo typically offers free coin exchange services for account holders, especially when coins are rolled.
- Potential fees for non-customers: If you are not a Wells Fargo customer, a fee may be charged for coin exchange services.
- Business customers with large coin deposits: Wells Fargo offers coin counting functions for commercial and large-business customers, but loose coin deposits must be larger than $50 to be eligible.
- No foreign currency coins: Wells Fargo does not buy back foreign currency coins.
In summary, for exchanging coins at Wells Fargo, it’s best to be an account holder and bring in your coins pre-rolled in coin wrappers. They can then be exchanged for cash or deposited into your account without a fee.
Does Wells Fargo exchange coins for free?
Great question! Yes, You Can Deposit Coins at Your Bank
Some banks, such as Wells Fargo, will exchange rolled coins for customers without a fee. Wells Fargo says it also offers free coin wrappers. Check your bank’s policy. Certain credit unions and community banks still have coin-counting machines.
Can you turn coins into Wells Fargo?
Depositing coins at a bank can be an essential task for many individuals and businesses. Wells Fargo, one of the largest banks in the United States, allows customers to deposit coins for their convenience.
Will banks take unrolled coins?
From my experience, Most banks accept coins for cash exchange, though services vary by institution. Large banks typically require pre-rolled coins, while some smaller institutions and credit unions provide self-service counting machines. The services depend on the bank, so it’s a good idea to call your nearest branch.