Where Can I Change Coins for Notes?

By Staff WriterLast Updated Mar 28, 2020 5:45:51 PM ET

Coins can be exchanged for notes at a bank or a coin changing machine, typically located in supermarkets and other stores. There is a fee associated with using these machines, and many banks will only exchange coins for their own customers.

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The processing fee charged by coin changing machines fee can be over 8 percent of the final total. The amount of currency exchanged, less any fees, is given in the form of a voucher, which can then be cashed in for paper notes.

Some banks offer free coin changing services, but nearly all require the coins be sorted by denomination into specific sums.