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vermouth
Joined: 21 Dec 2009 Location: Guro, Seoul
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Posted: Sun Nov 14, 2010 7:42 pm Post subject: Taking coins to the bank |
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So I'm getting ready to move in about a month and I have a fairly big collection of 100 won coins.
I've heard that you can take these to the bank and they'll exchange them for cash.
The question I have is do you need to have them seperated or rolled? I probably have a fair amount of money worth of coins after a few months of letting them pile up but I don't know what I need to do to get cash for them.
I know it's a silly question but if you could let me know what your experiences are with this it would be appreciated. |
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blackjack

Joined: 04 Jan 2006 Location: anyang
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Posted: Sun Nov 14, 2010 7:50 pm Post subject: |
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I took them to the bank, they put them in a big machine and they sorted them and rolled them, ended up with 300,000 won  |
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Slowmotion
Joined: 15 Aug 2009
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Posted: Sun Nov 14, 2010 7:50 pm Post subject: |
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There should be a machine there to count all your change. |
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War Eagle
Joined: 15 Feb 2009
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Posted: Sun Nov 14, 2010 9:10 pm Post subject: |
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blackjack wrote: |
I took them to the bank, they put them in a big machine and they sorted them and rolled them, ended up with 300,000 won  |
+1
200,000+ has been no prob at KEB or Shinhan, as long as you have an account.
Funny story: last time I took them to a smaller KEB and they told me someone would have to count them by hand and to just leave the bag o' coins. I felt sorry for the poor person counting 200k+ and I told them I would just take them to Shinhan next door where they have a machine. They insisted I leave them there for KEB to take care of. The money was deposited by close of the day.
In the US my bank would have laughed at me and told me to go to Coinstar or threw some coin rollers at me  |
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CentralCali
Joined: 17 May 2007
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Posted: Sun Nov 14, 2010 9:16 pm Post subject: |
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Busan Bank has ATMs with coin sorters. The drawback is you need to have an account at BS Bank for it work for you. |
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tjmauermann
Joined: 21 Jan 2009 Location: Bundang
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Posted: Tue Nov 16, 2010 10:59 pm Post subject: |
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HanaBank has a coin machine free with an account. My local KB makes you count them all by hand. Only did that once, lesson learned. |
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Carla
Joined: 21 Nov 2008
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Posted: Wed Nov 17, 2010 5:42 pm Post subject: |
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tjmauermann wrote: |
HanaBank has a coin machine free with an account. My local KB makes you count them all by hand. Only did that once, lesson learned. |
My friends use the KB near my house that has a coin machine for free. Maybe it just depends on the size of the bank? |
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tjmauermann
Joined: 21 Jan 2009 Location: Bundang
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Posted: Wed Nov 17, 2010 5:43 pm Post subject: |
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Carla wrote: |
My friends use the KB near my house that has a coin machine for free. Maybe it just depends on the size of the bank? |
That is a possibility as the KB I went to is brand spanking new so, it may be bank to bank. |
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mollayo
Joined: 11 Oct 2010 Location: At the my house
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Posted: Wed Nov 17, 2010 10:44 pm Post subject: |
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Any experience with Nong-Hyup? |
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itistime
Joined: 23 Jul 2010
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Posted: Thu Nov 18, 2010 12:25 am Post subject: |
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NH has a machine, but they want you to separate the denominations. 100's together, 500s, etc.
Pulled together 80,000 today after 2 months of coinage. |
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freddy_teacher
Joined: 17 Nov 2010
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Posted: Thu Nov 18, 2010 10:35 pm Post subject: |
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woori did it for free for me and i didnt have an account with them... |
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DeMayonnaise
Joined: 02 Nov 2008
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Posted: Thu Nov 18, 2010 10:37 pm Post subject: |
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War Eagle wrote: |
blackjack wrote: |
I took them to the bank, they put them in a big machine and they sorted them and rolled them, ended up with 300,000 won  |
+1
200,000+ has been no prob at KEB or Shinhan, as long as you have an account.
Funny story: last time I took them to a smaller KEB and they told me someone would have to count them by hand and to just leave the bag o' coins. I felt sorry for the poor person counting 200k+ and I told them I would just take them to Shinhan next door where they have a machine. They insisted I leave them there for KEB to take care of. The money was deposited by close of the day.
In the US my bank would have laughed at me and told me to go to Coinstar or threw some coin rollers at me  |
Only in the stupid parts of America (like, oh, say, Alabama). Up in Wisconsin they count change for you for free.  |
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Kaypea
Joined: 09 Oct 2008
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Posted: Thu Nov 18, 2010 10:48 pm Post subject: |
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DeMayonnaise wrote: |
War Eagle wrote: |
blackjack wrote: |
I took them to the bank, they put them in a big machine and they sorted them and rolled them, ended up with 300,000 won  |
+1
200,000+ has been no prob at KEB or Shinhan, as long as you have an account.
Funny story: last time I took them to a smaller KEB and they told me someone would have to count them by hand and to just leave the bag o' coins. I felt sorry for the poor person counting 200k+ and I told them I would just take them to Shinhan next door where they have a machine. They insisted I leave them there for KEB to take care of. The money was deposited by close of the day.
In the US my bank would have laughed at me and told me to go to Coinstar or threw some coin rollers at me  |
Only in the stupid parts of America (like, oh, say, Alabama). Up in Wisconsin they count change for you for free.  |
In my home province, BC, they would roll their eyes and not your coins.. you'd be doing that yourself. So much for Canadian politeness. |
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