Where can I exchange small bills for larger denominations?
I have sizable pile of cash (around 00) that was donated by a number of people and intended to be a gift to someone else. The problem is that, because it came from lots of people, it is mostly small US bills.
Is there a place I can exchange it for a smaller number of larger bills? Will any bank do it, or do I need to have an account there? My own bank has no physical branches, so it isn't an option. Is that too much for a grocery store's customer service counter to deal with?
I'd like to avoid giving a personal check (because it would involve more work for the recipient), store-specific gift cards, or bank gift cards like Visa or American Express (because of purchase and inactivity fees).
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Several options:
Banks - ask in the branches near to you if any of them would do that. They generally only service their account members, but if you smile and talk nicely to the tellers they might do that for you. It may involve some nominal commission.
Check cashing places - they're everywhere, and they carry large denomination bills. They will probably do that, but will likely charge a commission.
Money orders - if you don't want to give a personal check, buy a money order at the post office, and dump the cash on them. It costs a nominal fee (.60 at USPS).
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