They can accept as much money in 1p and 2p coins as they want, but they only HAVE to accept a maximum of 20p - larger amounts are not legal tender. Thank you for transforming our box of unwanted foreign coins and notes we have collected from businesses and supporters over the past few months. I would like to say that the service I received You were recommended on Money Saving Expert and I thought I would give you a whirl. I have been very impressed with your level of service. This is the first time I have used Cash4Coins after finding them through Google. I liked the promptness of the service, from collection to payment. I received on Friday. I have never envisaged having to deal with coin exchange, but this occurred through a recent sad loss. I am very satisfied with the service offered and the ease of sending the currency. For your peace of mind we are registered under the Money Laundering Regulations (MLR) and our activities are regulated by HM Revenue & Customs. Initially I was very apprehensive about using a service like this because it was very new to me, Cash4Coins made the process very quick and easy. Furthermore, there is no law that entitles people to use coins to pay their bills. We have had a money globe lying around for months and to be hone... Cash4coins were extremely efficient when I needed to exchange lots of different coin denominations. on August 17, 2015 3:51 PM Look, we get it -- that ticket you got was complete b.s. What a fantastic service! Delighted with the service provided by Cash4Coins, which I have now used twice. But that doesn't mean you can't pay more than that in pennies if the person or business you're paying agrees. It has been a relief to find a reliable and friendly service where we are able to send our old and foreign coin collection. Lastly, you can choose to donate your coins to charity. Sure it raises questions why your paying all in pennies and is a btch to do that but they have no right to say your money is no good here. Everything was so easy and painless to do. from C4C was excellent. If you I had over 8kg of mixed coins from many countries, some in very small amounts and many pre-decimal. Another widely misreported myth is that there is a set figure which can be paid in the UK as ‘reasonable expenses’. Legal Tender Guidelines. For example, if you are only using a one-second drum loop, you may not have to pay too much money. So, for example, you can pay for something up to £10 using 50p coins - but anything over that then it stops being legal tender. While it does … Bank of England. Thank you for your prompt payment. the service you provide is excellent! How much can you pay in coins and are people obliged to accept them? Bitcoin is one of the biggest buzzwords in the financial space, but many people don't know how to buy the leading cryptocurrency, a task as simple as downloading a mobile app. For cryptocurrencies it made Germany, and also the Netherlands, which apply the same rules, to tax havens. This was the first time I had used Cash4Coins and they really made the process quick and easy. Based in the USA. I have to offer a massive thank you to Cash4Coins for all of their help, they offered a first class service from my first phone call. C4C have again provided excellent service! The service has been efficient prompt and helpful - thank you for helping the ... Easy website, you get prompt reply with labels , form , packing info and details of where to drop package off. I have been impressed with your service which has been professional and timely. C4C has been an easy hassle free experience, good communication and efficiency through out. You’ve probably heard about the story of when Samsung paid Apple its $1bn fine by sending more than 30 trucks to Apple’s headquarters loaded with nickels. Many thanks for your prompt, efficient and reliable service. In another story a resident from Wales was informed that he was no longer allowed to pay off his debt of £650 in instalments of 4,000 pennies at a time. System for collectio... C4C have been excellent. They may just decide to manually count your payment in shifts. It's legal tender, so why shouldn't it be accepted? Aside from the speed, I much appreciated being informed of progr... We were absolutely delighted with the amount of money we got back from Cash 4 Coins. EDIT: I just noticed the requirement to count the money WITH THE TAXPAYER present. From me supplying the foreign currency, I had a cheque... May I compliment you on your excellent service, we as an organisation would have no hesitation in using your services again. Explore this Article. I have used Cash 4 coins a few times and have been impressed by the efficiency, friendliness of the staff. I had so many mixed coins from various countries I never plan to visit again. I am delighted, as always, with the speedy, friendly service from the team at Cash4Coins. This is the first time I have used cash4coins and it is a superb idea providing an excellent service. Though you can earn many consumable items through regular play, some things - … So what are the most economical and hassle free ways of getting rid of your hoard of coins? Apa... CASH4COINS OFFERS A WONDERFUL SERVICE FROM START TO FINISH. Cash for Coins was fast, q... Dear Sirs, I sent three batches of coins and Banknotes and was delighted with the efficient fast service and excellent exchange rates given. How much returns can you get if you invest in Bitcoins? Thank you for such a wonderful service. Efficient straight forward fast service. As others have said its all about “unexplained wealth” and “money laundering”. Highly delighted with your service. I thought it was a great service – simple to use and didn’t take long too convert my foreign coins into cash. Kidney... “Cash4Coins have been very fast and efficient before and after sending coins through for sorting. The general advice is to only exchange as much as you need and spend all your dirhams while you are in Morocco. Sure it raises questions why your paying all in pennies and is a btch to do that but they have no right to say … I was extremely happy with the service provided by cash 4 coins Of course, you can’t avoid ALL taxes, and nor should you, because if you and everyone else did there would be no schools or roads, hospitals … In Australia, I believe there is a law stating you can only pay up to $2 in a small denomination of coin. Thank you for the prompt receipt of the cheque. I googled the question and came across Cash4Coins, who... Im more than happy with the cash 4 coins service. The Bank of England regulates the issuance of these banknotes. As a company we generate a lot of different foreign currencies, so the service is very easy and effi... C4C is a most efficient and courteous company to deal with. I have been very impressed with your service. Thank you for your efficient service. You can pick up 100-plus-year-old Victorian coins at a few per cent over spot. Thank you. You can only pay for £10 worth of goods with 20ps or 50ps. Thank you very much for an easy transaction. So how much does the court allow for ‘reasonable expenses’? For the most part it’s down to the person who pays coming to an agreement with seller. With very little effort on our part, we rais... Not often do I have anything good to say about a service, but cash4coins is simple to use and a very efficient service. Here at Oakwood Dog Rescue we were really happy with the service we received from cash 4 coins. I must say that i think your service is superb, you have done exactly what you s... First rate service. Many thanks for your efficient professional service in changing all my euro coins. You’ll also have to pay the duty to HMRC in advance. Really thought... 'I am absolutely delighted by the service Cash For Coins provide. Cash4Coin provided us with all the information we needed to make this a very successfu... We have used cash4coins several times now and are very happy with the service. I highly recommend them to any one, as you will be satisfied. I have been delighted by the service which you have offe... Cash for Coins provided a good service. I have used your service for several years. You can invest in physical gold by buying and storing gold coins or bars, or buy gold indirectly by investing in gold stocks and funds. By Christopher Coble, Esq. I found the staff very polite, friendly and efficient. You can use anything to pay for anything! Or you can pay £12.87 a month or £39.97 quarterly. We can exchange any foreign coins for Sterling or any other currency you like and our team is waiting right now to assist you. A few buses were not letting people on because they had all copper. I would certainly recommend your service to anyone interested. Branch exceptions Coins short of a full bag - If you cannot make a full bag of coins and you … Can you really be infected by cash and will it be a virus victim too? How to Legally Sample Music. However, how much gold you can legally hold? Before you can buy any Bitcoin, you’ll need to set up a digital wallet where you can safely store your coins. It has to be said that C4C do exactly what they say. If you run a cash handling … Read More, If you own a cash-handling business, you’ll certainly be interested in ways to protect yourself and your staff from counterfeit thieves. Very helpful and prompt service. At 1 penny per second, that is over 3 years non-stop. I really wasn't sure where to go to for help & was... Cash 4 Coins provide a friendly and approachable service and a good way of fundraising for charities such as ours! I would just like to say how delighted I have been by the service provided by your company. I can highly recommend the service provided by cash4coins. I wasn't sure what to do with some old coins and notes as they were low value. Following our previous coin collection provider no longer being available Cash4Coins was selected and we have used them for one collection to date. Thank you for your fantastic service. and you shouldn't even have to pay … If I was to imagine the best service I could want from changing odd coins to cash, you are it. I will definitely use the service again. We accept it and look forward to adding the cheque to our fund raising. True to their word cash was in my account within the 2-3 hours that was stated in email promt and efficient service - will use again. Thanks for all your help. From a legal perspective the meaning of ‘legal tender’ is that you can’t be sued for not paying a debt as long as you give the right amount of money in ‘legal tender’. I had a load of old Cyprus Currency, Which C4C gave me a rough idea of what they would convert them for. We ... That is brilliant amount and I am over the moon with the service. You get the history for nothing. I was very impressed with your friendly and efficient service. Payment was made straight into my bank account. From the moment I contacted you to the final act of receiving payment. Thank you so much for exchanging the coin and notes that I sent to you. But its all to do with new money laundering regulations, I think they were introduced in 2004 when they started to get stricter, like Magician joked, they wanna check that you… Get started with as little as $25, and you can pay with a debit card or bank account. (Fees & More) If you are choosing to cash out your coins for cash, that will come with a fee. Thank you very much for my payment which was paid into my bank today. This is patently false and misleading. They made the process so easy and I felt safe sending my money off to ... Fabulous customer service and very quick response to initial request. It doesn’t mean that every transaction needs to use legal tender or only use legal tender within the amount denominated by law. you may need to explain where it came from. They have very efficient, courteous and prompt in all dealin... Cash4Coins were simply, easy and efficient to use, giving you clear instructions, options and support. And you have to wonder about the motivation to pay in a manner that requires a wheelbarrow. Brilliant service...good communications.....for a bucket of money that no-one wanted.....we're very pleased with the results!! De... C4C provides a much need fair coin exchange service. We are trusted by the public sector, national charities, banks, businesses, schools and hospitals to exchange foreign coins and (of course) to provide the best rates in the UK. If you bring in $100 in coins, the bank will pay you $105 in cash. Excellent and so nice to experience in these days of generally poor service elsewhere. Then a detailed re... Just want to let you know the service you provided was excellent. People never know what to do with unwanted foreign currency and the fact that it can be donated to c... What a smooth efficient service you provide. I had a very positive experience with Cash4Coins. Excellent information provided on boosting incom... Cash 4 Coins has restored my faith as to how companies should be run. Answer Save. I have been very happy with service provided by Cash4Coins. on August 17, 2015 3:51 PM Look, we get it -- that ticket you got was complete b.s. The service is quick and efficient. But had it been £1 coins…. 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