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How do you figure? Is it from counterfeit money, or cost to transport the cash?





There is risk of theft too, not just robbery but from employees.

Usually the main reason some shops prefer cash is because they can put the cash directly in their pocket and do tax fraud on a percentage of their revenue.


Bringing cash to a bank either via deposit boxes or by collection is not free and coinage is even more expensive than paper. At least here in Europe

Yes, the fee for processing coinage and old notes is 50% in the bank I work for.

Wow, I just pour my coins into a machine that sorts and counts them for free at my bank.. oh right.. Credit Union!

Banks charge to deposit cash in business accounts



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