Business & Finance2 mins ago
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Some banks will refuse large amounts of loose change or charge for accepting it because of the time it takes to weigh the bags. Different banks will have different limits and charges. They may refuse to accept large amounts of paper money or may ask questions about the source of the cash because of regulations regarding money laundering.
There are issues with bank accepting large amounts of coin into a current or savings account also because they may suspect that you are operating a business through your regular account when of course they want you to operate it through a business bank account which makes them more money (higher charges, monthly fees, etc.)