Saving & Spending
5cent, 10 cent, 20cent – The best place to deposit your coins
By FinancialVeracity  •  September 8, 2016

if you’re a lazy ass like me who just doesn’t want to due with asking people to change with you.

I wanna bank in 228 coins (72 50cent, 36 20cents, 110 10cents, 10 5cents) = $65.5

Currently I have 5 Options to choose from:

  1. Posb/Dbs – Charges $0.012 per coin (Cost : $ 2.74)
  2. Singapore Mint – Charges $3.75 for every 1,000 coins (Cost : $3.75)
  3. OCBC – Charges $1.50 for every 100 coins (Cost : $4.5)
  4. Citibank – Charges $5 for total coin value below $200 (Cost : $5)
  5. Standard Chartered – Charges $5 for total coin value between $20-$100 (Cost : $5)
As you can see the cheaper option for me now is to bank it in through Posb/Dbs with a total cost of $.274. Due to the little amount of coins i ......
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By FinancialVeracity
24 and on a constant lookout to improve my financial literacy in order to achieve “Financial Independence”. The sole purpose of writing this blog is to give whatever little financial knowledge I have to everyone.
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