Cryptocurrency Q&A
Do banks still accept 1 cent coins?
Do banks still accept 1 cent coins?
Riccardo
Wed Nov 20 2024
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7 answers
1280
I'm wondering if banks still accept 1 cent coins as I have a jar full of them and want to deposit them into my account.
7 answers
Martina
Fri Nov 22 2024
This adjustment involves rounding the total sum to the nearest multiple of 5c.
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CryptoVisionary
Fri Nov 22 2024
Coins of 1c and 2c denominations continue to be recognized as legal tender.
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SamuraiCourageous
Fri Nov 22 2024
For instance, if the bill totals to $4.02, it would be rounded up to $4.01.
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Carlo
Fri Nov 22 2024
This rounding practice is specifically applicable to transactions involving cash payments.
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CryptoVanguard
Fri Nov 22 2024
Conversely, a bill of $3.98 would be rounded down to $3.91.
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