KUCHING: Bank Negara Malaysia (BNM) announced yesterday that coin deposit machines are currently available nationwide to facilitate deposit of coins by businesses and members of the public.
The central bank in a press statement said a total of 236 coin deposit machines are placed at participating financial institutions, hypermarkets and Tabung Haji branches.
Annually, a significant amount of coins issued by BNM are not returned for re-circulation.
The central bank said members of the public are encouraged to return their coins and at the same time benefit from additional savings.
The machine is an automated, self-service coin machine that enable customers of participating financial institutions and Tabung Haji to deposit their coins without any charges.
These machines at participating financial institutions offer same day credit for coins that are deposited before 4pm and next day credit for coins deposited after 4pm.
For Coin Deposit Machines that are located at participating hypermarkets, customers will receive a shopping voucher equal to the value of coins deposited which they can use to pay for goods
purchased at the participating stores.