I have a ton of coins to pay into the bank. Bank used to have a machine you could just pour them into but turns out they’ve got rid of it. I have a load of paper coin rolls now - how are you supposed to seal them? I’ll never make it to the bank without them all falling out!! Dumb system.
From the Walliser Kantonalbank explanation of the current renovation of a branch: Ihre Bankgeschäfte können Sie weiterhin ganz einfach durchführen…
WKB Pont-du-Rhône, Route des Iles 1, 1870 Monthey oder bei unserer Filiale in Saint-Maurice in der Avenue de la Gare 2 ( Einzahlungsautomat mit Münzeinwurf ) vornehmen. https://www.bcvs.ch/de/detail/travau…e-monthey-1701
UBS takes coins.
https://www.ubs.com/ch/de/help/account/coins.html
Some banks charge a fee to take coins, so best to check that.
Other than that, small shops with many small transactions, such as kiosks, are sometimes glad to swap some coins for notes as it saves them a trip to the bank.
My UBS branch take the coins. They gave me the paper coin rolls to fill. I just don’t know how to seal them!
This. When I had my cheese shop in Zürich I needed about 200.00 CHF a week in coins, a few customers would brings bags of them in for me. I mostly needed 0.50, 1.00 and 2.00 coins, and a trick - weigh them all together and divide by 2.2 for the total value! (other coins have different value per KG though)
When the roll is full (IIRC 50 coins) there's some unused paper left, like 1.5cm. You fold in this surplus one sector at a time, going round the entire circumference repeating the folding a few times.
Back in the day, a few decades ago, we used to exchange the rolls to notes at the Post, with our stamp on the roll's length (so the roll recipient knows who to contact in case of an error, TIS). No idea if that's still a thing. As grumpy notes the weight should reveal false counts.
If you have pre-made cylinders rather than sheets of paper the interesting part starts after one minute:
As treasurer of my choir I deal with the collections at concerts. In the past I used to end up with loads of coins, which I used to simply throw into the big machine at my Raiffeisen bank. However a year or so ago they started charging for depositing coins. Depositing notes is still free. Fortunately at our last concert, I had only a couple of 5 CHF coins, the rest being in notes, or being Twinted.
I suspect the coins are simply nuisance to the banks and they're trying to discourage their use. No doubt the same thing will happen to bank notes in a couple of years time.
Am I the only person who still manages not to end up with a wallet full of coins?
At Coop you can use coins to pay at the self check out.
I can use coins at the DIY car wash. (1, 2, or 5 franc coins ).
Parking machines take coins.
Euro coins are far more annoying as you have 1 cent and 2 cent coins. At least in Switzerland the smallest coin we have is 5 cents.
Yet Belgium, Finland, Ireland, Italy, the Netherlands and Slovakia round prices to the nearest five cents when paying by cash. Good luck using 1 or 2 cent coins there.
Thought this thread would be about the rolls I like - those of 1/2 franc coins from the mid 20C - that my dad collected- all in solid silver. Sadly phased out as the coins were much more valuable melted for the silver. Wonder how much each coin would be these days.
Given several rolls to my daughters.
Sold my silver in '79 at 20:1, now it's 5:1
Tom
Ah well, they are not for sale. Neither is the family silver- so that's ok. Good for you.
That is not the case in Italy. At least not where I shop. That's why I end up with 1 and 2 cent pieces all the time in Italy.
The only rounding up or down is at the self check out at one of the grocery stores where you can pay with cash, notes and coins, but nothing smaller than a 5 cent piece.