LogFAQs > #927133351

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, Database 5 ( 01.01.2019-12.31.2019 ), DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear

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Topic	Found Out the Other Day
Cacciato 09/08/19 12:48:07 AM #31:	I feel like a simple Google search would have worked. https://www.mint.ca/store/mint/about-the-mint/faqs---businesses-6900006 Are businesses required to accept pennies after February 4, 2013? While businesses do not have a legal obligation to accept any particular Canadian coins or bank notes in a retail transaction, the penny will continue to be legal tender like all other Canadian coins, and businesses may accept the coin as a means of payment if they so choose. https://cba.ca/phasing-out-the-penny-in-canada Can I still bring pennies into the bank to deposit? Yes, financial institutions continue to allow customers to redeem or deposit their pennies as long as they are rolled or wrapped for deposit. Do I need to roll my pennies before bringing them into the bank? Yes, financial institutions allow customers to redeem or deposit their pennies as long as they are rolled or wrapped for deposit. How long will I have to bring in my pennies for deposit? Pennies continue to retain their value indefinitely, so there is no time limit on when pennies can be deposited. <cite>Cacciato posted [p:927133351] in Found Out ... [t:77994917]...</cite> <quote>I feel like a simple Google search would have worked. https://www.mint.ca/store/mint/about-the-mint/faqs---businesses-6900006 <quote>Are businesses required to accept pennies after February 4, 2013? While businesses do not have a legal obligation to accept any particular Canadian coins or bank notes in a retail transaction, the penny will continue to be legal tender like all other Canadian coins, and businesses may accept the coin as a means of payment if they so choose.</quote> https://cba.ca/phasing-out-the-penny-in-canada <quote>Can I still bring pennies into the bank to deposit? Yes, financial institutions continue to allow customers to redeem or deposit their pennies as long as they are rolled or wrapped for deposit. Do I need to roll my pennies before bringing them into the bank? Yes, financial institutions allow customers to redeem or deposit their pennies as long as they are rolled or wrapped for deposit. How long will I have to bring in my pennies for deposit? Pennies continue to retain their value indefinitely, so there is no time limit on when pennies can be deposited.</quote></quote> ... Copied to Clipboard!
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