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Q: Will US banks accept any foreign coins?
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Related questions

Which French Banks will accept old Franc Coins?

No French bank will accept French Francs any more. The Franc was phased out in 2001 and replaced by the Euro. Banks accepted to change coins for a year after taht, and notes until 2005.


Can you deposit Sacagawea coins at the bank?

At all the banks I have been to you can. They also can be requested at banks. Sacajawea dollars are legal tender for any purchase. All banks must accept them.


Is US and Can money accepted in the British Isles?

It is not legal tender in the UK. Note that while shopkeepers can accept whatever they want as payment, you will not find many who will accept any kind of foreign currency. Banks will not accept it either. You would have to get it exchanged.


Are retailers required by law to accept any US coins in payment for goods?

No, they are not required to accept any US coins for payment for goods. They are only the ones that are in current circulation.Ê


Is there any foreign or us gold coins dated on the back?

no


Does a bank violate any law by refusing to exchange coin for paper money of the same value?

No, banks are free to accept or reject coin at their will. Similarly, banks can accept or reject paper money at will.


Will the bank accept old British 10 Pence coins?

The larger pre-1990 5 Pence coins were withdrawn from circulation and demonetised in 1991 and are therefore, no longer Legal Tender. The Royal Mint advises that there is no obligation on banks to accept demonetised coins however, they may probably take any demonetised coins from an account holding member of the public, possibly charging a handling fee. Coins in Mint condition or Very Good to Excellent condition, may be better taken to a coin dealer.


Can banks change up the old pound coins?

All years of issue of the British One Pound coin are still in circulation, so there would be no need to "change up". The British One Pound coin is legal tender up to any amount, so all banks should be able to accept them.


Does Walmart accept sacagawea coins?

Sacagawea and Presidential dollar coins are legal tender anywhere in the US and should be accepted in payment by any store.The only limitations on their use might be vending machines that haven't yet been modified to accept dollar coins.


Are there any US Banks that provide foreign currency denominated deposit accounts if so which?

Yes, EverBank.com provides foreign currency deposit accounts.


Meaning of foreign banks?

A foreign bank is any bank that does not have operations in a given country. For example, a bank in England that does not operate in the United States is considered a foreign bank to the United States.


True or False A retailer is required by law to accept any US coins in payment for goods?

TRUE