I'm curious about the process BMO uses to count Canadian coins. Does it use a machine or manual counting? Also, how accurate is their counting method and how long does it typically take to complete?
7
answers
Dario
Tue Feb 18 2025
These machines are capable of counting up to 4,000 coins per minute.
Thunderbolt
Tue Feb 18 2025
High-speed machines have been developed to count Canadian coins efficiently.
mia_clark_teacher
Mon Feb 17 2025
Using these coin counters is entirely free of charge.
GalaxyWhisper
Mon Feb 17 2025
In contrast, transaction fees for similar services can be quite high, often exceeding 9 per cent of the total amount.
TaegeukChampionship
Mon Feb 17 2025
Once the counting is complete, a receipt is provided detailing the total amount.