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Do banks accept pennies

Updated: 9/20/2023
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12y ago

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Some banks do, some banks don't.

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12y ago
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Q: Do banks accept pennies
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Will banks exchange new half pennies?

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Can you sue if a store won't accept your pennies?

Such a lawsuit would not have merit. Section 31 of the Coinage Act of 1965 states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues." That means that a creditor to whom you are indebted must accept pennies or any other legal United States money. But businesses who are not your creditors have the right to make their own policies about accepting pennies and coins.If your state has a law requiring business to accept all legal tender of the United States, then you could sue the business for violation of your state's law. In that case, your lawsuit would be legitimate.


Where do banks get nickels from?

Banks get dollar bills, dimes, nickels, and pennies from the U.S Mint, where money is made and sent to the bank. :)


How many pennies in a bank roll?

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