Bank of America accepts coins, but the process depends on whether you're a customer and how many coins you have

Bank of America takes coin deposits from account holders at most branches. You can deposit coins directly into your checking or savings account during normal business hours. The bank does not charge a fee for coin deposits made by customers at the teller window.

If you have a large volume of coins — typically more than a few dollars' worth — some branches have coin-counting machines that customers can use. However, not every branch location has this equipment, so availability varies. Call your local branch ahead of time to confirm whether they have a machine and whether you need an appointment.

Non-customers cannot deposit coins at Bank of America. If you don't have an account, you would need to open one first, or use a different financial institution or coin exchange service.

Key Takeaways

  • Bank of America customers can deposit coins at the teller window at most branches without paying a fee.
  • Some branches have coin-counting machines available to customers, but not all locations offer this service.
  • You should call your branch in advance if you have a large quantity of coins to confirm they can process your deposit.
  • Non-customers cannot deposit coins at Bank of America and would need to open an account or use another service.

How to deposit coins at a Bank of America branch

Bring your coins to any Bank of America branch during business hours. You do not need to sort, roll, or count the coins yourself — the teller or coin machine will handle that. Bring your account number or debit card so the teller can identify your account and deposit the funds directly.

If your branch has a coin-counting machine, you may be able to use it yourself. Place your coins in the machine, and it will count them and either print a receipt or deposit the amount directly to your account, depending on how the machine is set up at that location. Ask a teller for instructions when you arrive.

For deposits made at the teller window, the coins are typically added to your account on the same day. Machine deposits may take a day or two to appear in your account, though most process when ready.

What to do if your branch doesn't have a coin machine

Not all Bank of America branches are equipped with coin-counting machines. If yours is not, you can still deposit coins by handing them to a teller, who will count them and credit your account. This process takes longer than a machine but costs nothing.

Alternatively, you can roll your coins yourself before bringing them in. Most banks accept pre-rolled coins in standard paper rolls, which you can buy at any Bank of America branch or at many grocery stores and pharmacies. Rolling coins yourself speeds up the teller process and may be faster than waiting for a machine.

Coin deposits for business accounts

Bank of America business customers can also deposit coins, but the process may differ slightly depending on your account type and the branch. Some business branches have separate coin deposit procedures or may require you to use a coin-counting machine rather than the teller window.

If you have a business account and regularly deposit large amounts of coins, ask your branch manager about the fastest way to handle these deposits. Some branches can arrange for you to bring coins in on a specific day or schedule, or they may direct you to a business banking center that handles high-volume coin deposits.

Exchanging paper money for coins

Bank of America will exchange paper money for coins at the teller window. You can ask for any combination of pennies, nickels, dimes, quarters, or dollar coins. There is no fee for this exchange, and it happens when ready.

You do not need to have an account to exchange paper money for coins at some branches, though policies vary by location. Call ahead to confirm whether your local branch will exchange currency for non-customers.

Damaged or foreign coins

Bank of America will not accept coins that are damaged, counterfeit, or heavily worn. Coins that are bent, corroded, or missing significant portions of their surface may be rejected by the teller or coin machine.

Foreign coins — currency from outside the United States — cannot be deposited into a U.S. bank account. If you have foreign coins, you would need to exchange them at a currency exchange service or travel agency, not at a bank.

Frequently Asked Questions

Does Bank of America charge a fee to deposit coins?

No. Bank of America does not charge account holders a fee to deposit coins at the teller window or through a coin-counting machine. The service is free for customers.

Can I deposit coins without opening an account?

No. Only Bank of America account holders can deposit coins. You would need to open a checking or savings account first. Non-customers can exchange paper money for coins at some branches, but cannot deposit coins.

How long does it take for coins to show up in my account?

Coins deposited at the teller window usually appear in your account the same day. Coins processed through a coin-counting machine may take one to two business days, though many branches credit them when ready. Ask the teller for a specific timeline at your branch.

What if I have rolled coins in paper sleeves?

Bank of America accepts pre-rolled coins in standard paper rolls. The teller will count the rolls and deposit them into your account. You do not need to open the rolls yourself.

Can I deposit coins at an ATM?

No. Bank of America ATMs do not accept coin deposits. You must go to a branch and deposit coins with a teller or use a coin-counting machine during business hours.