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Ruining POS: How expensive are the commissions on your coins? | Israel today

2022-09-10T18:13:42.739Z


If you are one of those who throw dozens of pennies into the household bowl and have accumulated quite a few coins, it can be assumed that at some point you will want to convert the money into coins or bills. If you don't do this in the neighborhood explosion, you will have to pay a lot of money for this action. Adir from Ramat Gan accumulated over the years coins of tens of agoras, until he decid


If you are one of those who throw dozens of pennies into the household bowl and have accumulated quite a few coins, it can be assumed that at some point you will want to convert the money into coins or bills.

If you don't do this in the neighborhood explosion, you will have to pay a lot of money for this action.

Adir from Ramat Gan accumulated over the years coins of tens of agoras, until he decided to convert them into bills.

Adir collected 2,300 10-agora coins, equivalent to 230 shekels.

According to him, he knew that a fee would be charged, but he was surprised to find out that it was a high fee.

Our examination shows that the fee is defined as the handling of cash by a clerk.

The rate varies between issuing coins and issuing bills.

We checked the currency exchange rate, and it turns out that the pricing varies from bank to bank, when the commission can reach 30% of the amount in the case of tens of cents.

This is a fee that exists in the tariff of all banks.

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Source: israelhayom

All news articles on 2022-09-10

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