Just got back from the credit union to get coin. Very disappointing experience. First of all, they needed to look up my account even though I was paying cash. They said it was to record WHO they were receiving money from. I assume they assume the person on the other side of the till is potentially giving them counterfeit? They even asked me to confirm my account on their system with my date of birth.

--- BinktermPHP v1.6.3
* Origin: myPoint System ~ myPoint System - https://mypoint.lovelybits.org (1:153/149.42)

Just got back from the credit union to get coin. Very disappointing experience. First of all, they needed to look up my account even though I was paying cash. They said it was to record WHO they were receiving money from. I assume they assume the person on the other side of the till is potentially giving them counterfeit? They even asked me to confirm my account on their system with my date of birth.

--- BinktermPHP v1.6.3
* Origin: myPoint System ~ myPoint System - https://mypoint.lovelybits.org (1:153/149.42)

Could be because of many people in out world can't be trusted.

When I leave the house I lock my door.
Same o, same o when I leave my car, those doors all get locked too
Ed
--- SBBSecho 3.28-Linux
* Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (1:2320/105)

Just got back from the credit union to get coin. Very disappointing experienc

>First of all, they needed to look up my account even though I was paying cash
>hey said it was to record WHO they were receiving money from. I assume they a
>me the person on the other side of the till is potentially giving them counte
>it? They even asked me to confirm my account on their system with my date of
>th.

Yes, I was a bit surprised when I stopped at a RBC (Royal Bank of Canada)
where I have an account to get some change for laundry machines and they
made me log into my account before they would let me give them a $10 bill
for coins.. I guess they are doing that everywhere.

---
* SLMR Rob * I don't know how they expect you to fit a good Tagline in
* Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (1:2320/105)

Hello Rob!

** On Sunday 19.10.25 - 08:48, you wrote to me:

Just got back from the credit union to get coin. Very disappointing
experienc

First of all, they needed to look up my account even though I was paying
cash hey said it was to record WHO they were receiving money from. I
assume they a me the person on the other side of the till is potentially
giving them counte it? They even asked me to confirm my account on their
system with my date of th.

BTW.. your quote system is cutting out (and cutting off) words.

Yes, I was a bit surprised when I stopped at a RBC (Royal Bank of Canada) where I have an account to get some change for laundry machines and they made me log into my account before they would let me give them a $10 bill for coins.. I guess they are doing that everywhere.

And there is nothing it seems that we can do about this trend.

I have tried to offer $5 or $10 bills minimum in exchange for
coin from people who come to my shop. That seems to have
curtailed making as many visits to the bank for coin. But,
still the tendency seems to be that coin diminishes and I
eventually need a top-up supply. WHAT the heck are people
doing with their coin? - my guess, laundry machines and coffee
shops?

Several handfuls of coin accumulate at home after my basic cash
purchases over time. But I rarely have enough to supplant the
coin/change requirement at the shop.

After the clerk grimaced after my questions for the requirement
of needing a bank account for a simple cash-for-coin exchange,
she apologised if this process will take longer than expected
since "we don't carry much cash anymore". They are in the
*business* of moving cash/coin and they don't have enough to
for a small $400 transaction? That's pathetic.

I already refuse to step into the credit union to make regular
deposits. There is a fee for every deposit - and the physical
cash portion has a supplemental "handling" fee of its own now
too! - so, now I tend to pay my bills in cash where I can.

This book is illuminating.. but most of it simply chronicles
the enshittication of the banking system and there is really
nothing we can do about it:

Fleeced: Canadians Versus Their Banks | Paperback
Andrew Spence
Sutherland House Books
Business & Economics / Banks & Banking / Finance - Financial Engineering / Free Enterprise & Capitalism
Published Sep 24, 2024 | Sales (#36848)
$17.95 US / $19.95 CA list price

"[]Infuriating customer service.

"[]Chequing accounts that demand exorbitant fees.

"[]Credit cards that charge outrageous rates of interest.

"[]Mutual fund expenses that torpedo your investments.

"[]Loans departments that refuse to support Canada's small businesses.

"These are just a few of the many ways chartered banks abuse their dominant position in the Canadian financial system. Fleeced: Canadians Versus Their Banks is a stunning expos‚ of the inner workings of our six major banks, demonstrating how they are set up to avoid competing with one another, squeeze their customers, evade risk, stifle innovation, and produce staggering profits that enrich bank executives and shareholders-all to the detriment of the broader Canadian economy.

"With clarity and wit, Andrew Spence, a veteran financial services executive, excoriates not only the banks, but the regulators and politicians who refuse to stand up for consumers and initiate urgently needed reforms of Canada's costly banking system.

--
../|ug

--- OpenXP 5.0.64
* Origin: Stare into this point intently ->.<- (1:153/757.21)

After the clerk grimaced after my questions for the requirement
of needing a bank account for a simple cash-for-coin exchange,
she apologised if this process will take longer than expected
since "we don't carry much cash anymore". They are in the
*business* of moving cash/coin and they don't have enough to
for a small $400 transaction? That's pathetic.

It is pathetic, but I wonder if that is because so many people make their transactions electronically now vs. depositing cash and coin?

I already refuse to step into the credit union to make regular
deposits. There is a fee for every deposit - and the physical
cash portion has a supplemental "handling" fee of its own now
too! - so, now I tend to pay my bills in cash where I can.

In the states, there are fees for using the automated teller machines to
make withdrawls (if you are at a bank that isn't your own) but, to my knowledge, they've yet to start charging fees for *depositing* money into
the bank. I figure once they find out that Canadian banks are getting away
with it, it is only a matter of time.

Mike


* SLMR 2.1a * Excuse my driving ... I'm trying to reload.
--- SBBSecho 3.28-Linux
* Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (1:2320/105)

>First of all, they needed to look up my account even though I was paying cash
>hey said it was to record WHO they were receiving money from. I assume they a
>me the person on the other side of the till is potentially giving them counte
>it? They even asked me to confirm my account on their system with my date of
>th.

Yes, I was a bit surprised when I stopped at a RBC (Royal Bank of Canada) where I have an account to get some change for laundry machines and they
made me log into my account before they would let me give them a $10 bill
for coins.. I guess they are doing that everywhere.

---
* SLMR Rob * I don't know how they expect you to fit a good Tagline in

It Is hard to write 57 Character Taglines in SLMR.

Also trying to Steal a lengthy Tagline that gets shortened to the 57 Character limit.

I began using SLMR when I got a DOS computer
Couldn't steal Taglines when I used my C=64.
Just Save the whole message.
Ed
P.S. I d/l'ed MultiMail DOS and used it instead
Used Windows version of MultiMail some too.
Ed
--- SBBSecho 3.28-Linux
* Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (1:2320/105)

First of all, they needed to look up my account even though I was paying

>> cash hey said it was to record WHO they were receiving money from. I
>> assume they a me the person on the other side of the till is potentially
>> giving them counte it? They even asked me to confirm my account on their
>> system with my date of th.

BTW.. your quote system is cutting out (and cutting off) words.

When I do replies I pretty much always hit enter brfore the line
gets too long to prevent that, but I find a lot of replies to me
that scroll off the screen often cut off word when quoted back too.

But still the tendency seems to be that coin diminishes and I

>eventually need a top-up supply. WHAT the heck are people
>doing with their coin? - my guess, laundry machines and coffee
>shops?

I know my local laundromat has a machine that takes $10 and $20
bills and gives you coins for the machines. I haven't tried it
myself so I don't know if it's all one coin or a mix since you
pretty much need both quarters and $1 coins.

I hear at the desk they will sell you coins as well if you don't
want that many.

After the clerk grimaced after my questions for the requirement

>of needing a bank account for a simple cash-for-coin exchange,
>she apologised if this process will take longer than expected
>since "we don't carry much cash anymore". They are in the
>*business* of moving cash/coin and they don't have enough to
>for a small $400 transaction? That's pathetic.

I think that depends on the bank. I've had CIBC insist you
call ahead to pick up amounts of cash bigger then $2000 or so
and yet one day at RBC I expected to be refused, but I asked
to take out $10,000 from my account and they said it was no
problem.

I already refuse to step into the credit union to make regular

>deposits. There is a fee for every deposit - and the physical
>cash portion has a supplemental "handling" fee of its own now
>too! - so, now I tend to pay my bills in cash where I can.

It's decades since I was involved with a Credit Union but I
don't recall fees for simple things like that back then.

This book is illuminating.. but most of it simply chronicles

>the enshittication of the banking system and there is really
>nothing we can do about it:

Fleeced: Canadians Versus Their Banks | Paperback

>Andrew Spence

My main bank, I find that even when I do something dumb that
generates a fee, they virtually always reverse the fee if I mention
it to them. I found that out when a cheque written to me bounced,
which caused a payment I had going through to be NSF, which brought
about a fee.. That happened right at the end of the month so the
next day the regular account user fee came due, and that caused a
second NSF charge.. When I stopped in the next time I said that I
could see the first one, but I thought that the second one that
quickly was unfair, and they reversed both of them.

More recently there was a $25 fee for something caused by a
misunderstanding of when the fee for a transaction would come
through. I expected it at the end of the month but they put it
through the same day I set up the service. Again, a polite
complaint that their system was not clear and they reversed
that charge so, in general, I've gotten off fairly easy.. B)

---
* SLMR Rob * Don't drink and write Taglines
* Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (1:2320/105)

Hello Rob!

** On Tuesday 21.10.25 - 08:46, you wrote:

she apologised if this process will take longer than expected
since "we don't carry much cash anymore".

I think that depends on the bank. I've had CIBC insist you
call ahead to pick up amounts of cash bigger then $2000 or
so and yet one day at RBC I expected to be refused, but I
asked to take out $10,000 from my account and they said it
was no problem.

The next guy after you was probably told to call ahead! :D

... There is a fee for every deposit - and
the physical cash portion has a supplemental "handling"
fee of its own now too! - so, now I tend to pay my bills
in cash where I can.

It's decades since I was involved with a Credit Union but
I don't recall fees for simple things like that back then.

Just to clarify, this "cash handling" fee I am experiencing is
for "business" account holders. Ironically, there is no fee to
deposit the cash in a personal account. So, I dabbled with the
thought of opening up a personal account on the spot,
depositing the cash there, and then transfer it electronically
to the business account - but that would highlight the
stupidity of the bank's cash handling fee to easily.

Fleeced: Canadians Versus Their Banks | Paperback

Andrew Spence

My main bank, I find that even when I do something dumb that
generates a fee, they virtually always reverse the fee if I mention
it to them. [...]

Your main bank still has some common-sense people working there
it seems. You are fortunate. When I have complained about
certain fees, I just get the story "the head office sets the
policy - we can refer your concern to them." No apologies, no
empathy, just a referral.

More recently there was a $25 fee for something caused by
a misunderstanding of when the fee for a transaction would
come through. I expected it at the end of the month but
they put it through the same day I set up the service.
Again, a polite complaint that their system was not clear
and they reversed that charge so, in general, I've gotten
off fairly easy.. B)

Again, you have actual people who are willing to literally push
a few buttons and reverse charges.

Not me.

I have a minimum $1500 balance with BMO that then waives fees
if I do not go below $1500 at any time. I had a series of
payments I made one time just before midnight, and the balance
dropped to EXACTLY $1499.99! It was at the end of a banking
period too, so there were extra fees that pulled the balance
down to $1499.99, not just my outgoing payments.

The next day (a few hours later that morning) I noticed the
damn $1499.99 balance and thought "WTF!" I topped up the
account to bring the balance closer to $2000. But, sure
enough, the next billing period treated the <$1500 state as
criminal behaviour and I was charged for every transaction for
the entire month because of that!

The banks have ceased to be "service for the client"
orientated. Instead, they are treating client as a source of
cash for every activity or request. I'm surprised banks don't
yet have turnstiles and charge for admission.



--
../|ug

--- OpenXP 5.0.64
* Origin: Age Doesn't Matter Unless You're a Cheese (1:396/45.29)

I already refuse to step into the credit union to make regular

>> deposits. There is a fee for every deposit - and the physical
>> cash portion has a supplemental "handling" fee of its own now
>> too! - so, now I tend to pay my bills in cash where I can.

In the states, there are fees for using the automated teller machines to

>make withdrawls (if you are at a bank that isn't your own) but, to my
>knowledge, they've yet to start charging fees for *depositing* money into
>the bank. I figure once they find out that Canadian banks are getting away
>with it, it is only a matter of time.

Credit Unions are a bit different than regular banks, and likely all
have different fees for various things. I have accounts at 2 major
banks and I never get any fees for anything (as long as I don't do
something dumb like bounce a cheque or something).

Being involved in several services (usually 3) at a bank will
often get even the regular monthly fee for the account credited
back to you, like if you have a chequing account, a savings
account and an investment account or a line of credit account.
Possibly they count having a bank credit card as well..

I can even wire money to people with no charges.

Using bank machines at the bank are free of course but, like
with you, if you use a machine not linked directly to your bank
there is a transaction fee.

There are can be advantages to Credit Unions as well though.
They often treat you like more like a neighbour than a customer
and I've seen people turned down for a loan at a bank, get one
at a Credit Union.

Funny story.. I bought my first car with a loan from a Credit
Union, co-signed by my parents since I was only 16. The next
year I went in to see if I could get another loan so I could
buy a motorcycle. I told the manager that I didn't think I
needed my parents involved since I had a good past record of
making payments and he hesitated but then gave me the loan.

I never thought about it until later but I was only 17 at the
time, underage to sign for a loan on my own.. (18 required)

---
* SLMR Rob * The one who dies with the most Taglines Wins!
* Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (1:2320/105)

. SLMR Rob . I don't know how they expect you to fit a good Tagline in

It Is hard to write 57 Character Taglines in SLMR.

Also trying to Steal a lengthy Tagline that gets shortened to the

>57 Character limit.

That one above was supposed to be 'funny' because that tagline
supposedly didn't fit, but the tagline was made to look like that.

I began using SLMR when I got a DOS computer

>Couldn't steal Taglines when I used my C=64.
>Just Save the whole message.
>Ed

I am currently running SLMR using DosBox on a 64 bit Windows 7
Laptop but it's the same version of SLMR I've used for about
30 years since back when I was running DOS on its own.

For some reason my current setup doesn't copy the tagline if I try
to copy it. It pops up the screen but it just shows a blank line
and I have to type it in myself.

---
* SLMR Rob * I'm Too Busy To Waste Time Leaving A Tagline
* Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (1:2320/105)

Re: Cash for coin..
By: Rob Mccart to MIKE POWELL on Wed Oct 22 2025 08:19:44

Credit Unions are a bit different than regular banks, and likely all
have different fees for various things. I have accounts at 2 major
banks and I never get any fees for anything (as long as I don't do
something dumb like bounce a cheque or something).

It may be the opposite here in the states. I am a member of a credit union and they seem less likely to charge fees than the local banks. For example, the fee I get charged for using someone else's ATM is paid to the ATM owner... my CU doesn't charge it. It has been a while since I have used another ATM but I think my CU may also reimburse the charge the other institution charges me to use their machines.

OTOH, their interest rates on a checking or savings account are not so great, but neither are many of the banks.

Mike
--- SBBSecho 3.28-Linux
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