Statute · New York Banking Law
N.Y. Banking Law § 240-b — Acceptance of United States currency
N.Y. Banking Law § 240-b
- Type
- Statute
- Source
- New York Banking Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 240-b. Acceptance of United States currency. No savings bank shall impose a fee, commission or service charge for accepting for deposit or exchanging for other United States currency any United States currency provided that any coins are properly rolled and have the customer's account number…
Citator
N.Y. Banking Law § 240-b — Acceptance of United States currency is in force in the current edition of the Code, and nothing recorded condemns it.
§ 240-b. Acceptance of United States currency. No savings bank shall impose a fee, commission or service charge for accepting for deposit or exchanging for other United States currency any United States currency provided that any coins are properly rolled and have the customer's account number for that savings bank displayed on the coin roll, provided further that no more than ten rolls of coins in any denomination are presented for deposit or exchange at any one time.