Bank of America will accept rolled coins, but only at a branch and only if you have an account there
Bank of America accepts rolled coins from customers who have a checking or savings account at the bank. You cannot deposit rolled coins at an ATM, through mobile deposit, or at a branch where you do not have an account. The coins must be rolled in standard paper coin wrappers — the kind you buy at the bank or at office supply stores — and sorted by denomination (pennies, nickels, dimes, quarters). The bank will not accept loose coins or coins in plastic tubes.
You do not need to call ahead. Walk into any Bank of America branch during business hours with your rolled coins and your account information, and a teller will process the deposit. The coins are counted and added to your account immediately, though the deposit may take one business day to appear in your online banking if you deposit late in the day.
Key Takeaways
- Bank of America accepts rolled coins only from account holders at a physical branch, not at ATMs or through mobile deposit.
- Coins must be rolled in standard paper wrappers, sorted by denomination, and cannot be loose or in plastic tubes.
- You can deposit rolled coins during regular branch hours without an appointment, and the deposit posts to your account the same day or next business day.
- If you do not have a Bank of America account, you will need to open one first, or use a coin-counting machine at a grocery store or laundromat instead.
What coin wrappers Bank of America will accept
Bank of America accepts coins rolled in standard paper wrappers that are the industry standard size. These wrappers come in five denominations: pennies (1 cent), nickels (5 cents), dimes (10 cents), quarters (25 cents), and half-dollars and dollar coins (50 cents and $1). Each wrapper holds a set number of coins — 50 pennies, 40 nickels, 50 dimes, 40 quarters — and the total value is printed on the outside of the wrapper.
You can buy these wrappers at Bank of America branches for free if you ask a teller, or you can purchase them at office supply stores, grocery stores, or online. Do not use plastic coin tubes, coin rolls held together with rubber bands, or homemade paper wraps. The bank's coin-counting machines are calibrated for standard wrappers, and non-standard packaging can cause the deposit to be rejected or delayed.
How to prepare your coins for deposit
Sort your coins by denomination first. Separate all pennies, nickels, dimes, and quarters into piles. Count out the correct number of coins for each wrapper — 50 pennies per wrapper, 40 nickels per wrapper, 50 dimes per wrapper, 40 quarters per wrapper. If you have fewer coins than a full wrapper, you can still deposit them, but the teller may ask you to roll the partial wrapper or may count them loose at the counter.
Roll each stack of coins tightly into its paper wrapper and fold the ends closed. Write the total number of coins and the total value on the outside of each wrapper if it is not already printed. Place all wrapped coins in a bag or envelope to carry them to the bank. Bring your account number or debit card so the teller can identify your account and process the deposit.
Where to deposit rolled coins at Bank of America
You must deposit rolled coins at a physical Bank of America branch during business hours. You cannot use an ATM, a drive-through window, or mobile deposit for rolled coins. Walk into the branch, go to the teller line, and tell the teller you want to deposit rolled coins. Have your account number or debit card ready.
The teller will count the wrappers, verify the total value, and add the deposit to your account. The process usually takes five to ten minutes. If you are depositing a large number of coins, the teller may ask you to wait while they process the deposit, or they may ask you to come back later if the branch is busy. Ask the teller when the deposit will appear in your online account — most same-day deposits show up by the end of the business day, but some may take until the next morning.
What happens if your coins are not rolled correctly
If your coins are not rolled in standard paper wrappers or are not sorted by denomination, the teller will likely reject the deposit and ask you to re-roll them. If you do not have wrappers with you, the teller can give you wrappers for free and you can roll the coins at the counter, though this may take extra time. If you have loose coins or coins in plastic tubes, the teller will not accept them for deposit and will ask you to use a coin-counting machine instead.
Some Bank of America branches have coin-counting machines on-site that you can use for free if you have an account. These machines accept loose coins and sort them automatically. The machine prints a receipt with the total value, which you can take to a teller to deposit into your account. Ask a teller whether your branch has a coin-counting machine, as not all branches do.
Alternatives if Bank of America will not accept your coins
If you do not have a Bank of America account, or if your coins are not rolled correctly and you do not want to re-roll them, you have other options. Many grocery stores, laundromats, and arcades have coin-counting machines that accept loose coins and charge a small fee — usually 5 to 10 percent of the total value — to count and convert them to cash or a gift card. Coinstar is the largest coin-counting service and has machines in most grocery stores nationwide.
You can also take loose coins to a bank where you have an account and ask whether they have a coin-counting machine. Some credit unions and smaller banks offer free coin counting for members. If you want to keep the coins as coins, you can ask a bank teller to exchange them for paper currency, which you can then deposit normally.
Frequently Asked Questions
Can I deposit rolled coins at a Bank of America ATM?
No. Bank of America ATMs only accept paper currency and checks, not coins of any kind. You must go to a physical branch and speak with a teller to deposit rolled coins.
Do I need to call ahead before depositing rolled coins?
No. You can walk into any Bank of America branch during business hours and deposit rolled coins without an appointment. The process usually takes five to ten minutes at the teller counter.
What if I have coins from a different country?
Bank of America will not accept foreign coins. You can exchange foreign coins for U.S. currency at some currency exchange services or travel agencies, but not at the bank itself.
Can I deposit rolled coins through mobile deposit or online banking?
No. Mobile deposit and online banking only accept photos of checks and paper currency. Rolled coins must be deposited in person at a branch.
What if my rolled coins have the wrong number of coins in each wrapper?
The teller will likely count the wrapper and accept it anyway, as long as the coins are in a standard paper wrapper and sorted by denomination. The total value will be adjusted based on the actual count, not the printed value on the wrapper.