HKMA’s Coin Collection Program Returns in 2025: Hear’s What You need to Know
If you’ve been wondering what to do with that pile of loose change at home, the Hong kong Monetary Authority (HKMA) has you covered. Starting January 2025, the HKMA’s mobile cashier vans, affectionately known as “Coin Carts,” will be making their rounds across Southern District, Kwai Tsing, Northern District, Yau Tsim Mong, and other districts. This initiative, part of the HKMA’s Coin Collection Programme, allows residents to exchange their coins for banknotes or top up their e-wallets—conveniently and free of charge.
Launched in October 2014, the programme has already collected over 760 million coins as of May 31, 2024. Each cashier van will remain in one location for approximately a week, providing ample time for residents to take advantage of the service.
What Can you Do with Your Coins?
The programme offers multiple options for your coins:
- Convert to Banknotes: Turn your coins into usable cash.
- Top Up E-Wallets: add value to popular stored value payment instruments like Octopus cards, Alipay Hong Kong, Tap and Go, TNG Wallet, and WeChat Pay.
- Donate to Charity: Support the Community Chest by donating your coins on the spot.
Which Coins Are Accepted?
The programme accepts a wide range of Hong Kong circulating coins,including:
- One-cent coins (1982 or later)
- Two-cent coins (1975 or later)
- Five-cent coins (1977 or later)
- One-dollar coins (1978 or later)
- Five-dollar coins (1980 or later)
- All ten-dollar coins
2025 Schedule at a Glance
Here’s a quick summary of the programme’s key details:
| Aspect | Details |
|————————–|—————————————————————————–|
| Service Period | January to Febuary 2025 |
| Locations | Southern district,Kwai Tsing,Northern District,Yau Tsim Mong,and more |
| Operating Hours | 10:00 AM to 7:00 PM |
| Options for Coins | Banknotes,e-wallet top-up,or charity donation |
Why This Matters
The Coin Collection Programme not only helps residents declutter their homes but also promotes the efficient circulation of coins in Hong Kong’s economy. With the convenience of mobile cashier vans and multiple redemption options, the programme has become a popular initiative since its inception.
so, mark your calendars and get ready to turn your coins into cash or e-wallet credits. Don’t miss this chance to make the most of your spare change!Hong Kong’s Coin Collection Services: A Thorough Guide to Recycling and exchanging Loose Change
Hong Kong residents looking to declutter their homes of loose coins now have convenient options to recycle or exchange them. From the government-backed Hong Kong monetary Authority’s Coin Collection Scheme to private services like COIN DRAGON’s “Shensha Machine,” there are solutions tailored to meet diverse needs. Here’s everything you need to know about these services, including operating hours, severe weather arrangements, and step-by-step instructions for using the cashier cart.
Service Hours and Severe Weather Arrangements
The Coin Collection Scheme operates from 10 am to 7 pm. However, services may be suspended during severe weather conditions. If a Tropical Cyclone Signal No. 8 or above or the Black Rainstorm Warning Signal is in effect at 7 a.m.,services will be suspended for the day. If the signal is canceled between 7 a.m. and 2 p.m., services will resume within two hours. If the signal is removed after 2 p.m., services will remain canceled for the day.
How to Use the Cashier Cart
The cashier cart is a user-friendly solution for recycling coins. Here’s a step-by-step guide:
- No Pre-Sorting Required: Customers do not need to separate coins by denomination in advance.
- Pour and Sift: Service staff will provide a plastic tray for customers to pour their coins into. Debris and dust will be sifted out before counting.
- Weight Limit: The upper limit for recycling coins per person is 10 kilograms. Those exceeding this limit must wait in line for another turn.
- Coin Condition Check: Staff will inspect coins for debris, rust, stains, water damage, mold, or unidentifiable features. Such coins will be returned to the customer to avoid machine malfunctions.
- Coin Counting: Coins must pass through a coin counting machine for settlement. Natural wear and tear may cause some coins to be rejected.
- Dispute Resolution: If customers disagree with the counted amount, thay can withdraw their coins in full. Once the amount is confirmed, a receipt will be printed, and the coins will not be returned.
- Exchange Options: Customers can exchange counted coins for cash or use them to add value to stored value instruments.
- Currency Restrictions: The cashier cart only accepts Hong Kong dollar coins and does not provide banknote or coin exchange services.
For coins not accepted by the cashier cart, customers can visit HSBC, the government’s coin agent bank, to exchange them for other Hong Kong circulating currencies of the same face value.Fees may apply depending on the situation.
COIN DRAGON’s “Shensha Machine”: A Paid Alternative
In addition to the free government service, COIN DRAGON’s “Shensha Machine” offers a paid loose coin exchange service. Available in over 100 shopping malls and large stores across Hong Kong,this service allows users to instantly exchange coins and add value to Octopus and TNG e-wallets. Other options include bank transfers, charitable donations, or e-voucher exchanges.
Key features of the “Shensha machine”:
- No Fees for Donations and E-Vouchers: Charitable donations and Happywoods e-voucher redemptions are fee-free.
- 10% Handling Fee: Other transactions incur a 10% handling fee.
- Transaction Limit: A maximum of HKD 8,000 in face value coins can be exchanged per transaction.
- Octopus Re-Value: The service accepts Hong Kong dollars less than the Octopus’s re-added value.
For a full list of locations, visit COIN DRAGON’s website.
Summary Table: coin Collection Services in Hong Kong
| Service | Hong Kong Monetary Authority | COIN DRAGON |
|—————————|———————————-|—————–|
| Cost | Free | Paid (10% fee) |
| Coin Limit | 10 kg per person | HKD 8,000 per transaction |
| exchange Options | Cash, stored value instruments | Cash, e-wallets, donations, e-vouchers |
| Currency Accepted | Hong Kong dollar coins only | Hong Kong dollar coins only |
| Locations | Government-designated sites | Over 100 malls and stores |
Final Thoughts
Whether you’re looking to recycle a few coins or exchange a large stash, Hong Kong’s coin collection services offer flexible and efficient solutions. For more details on the Coin Collection Scheme, visit the Hong Kong Monetary Authority’s website. To explore COIN DRAGON’s locations and services, check out their official site.
Take advantage of these services today and turn your loose change into something useful!The Coin Dragon Phenomenon: From Hong Kong to Singapore
Singapore’s entertainment scene has just gotten a thrilling addition with the arrival of the Coin Dragon Machine, a popular attraction that has already made waves in hong Kong. known as the “Shensha Machine”, this innovative coin exchange game has captivated players with its unique blend of skill and chance. Now, Singaporeans can experience the excitement firsthand.The coin Dragon Singapore Instagram account, with its 110 followers and 21 posts, proudly announces, “Top Coin Dragon Machine in Hong Kong is now in Singapore.” This statement highlights the machine’s reputation as a must-try attraction in its previous location. The account, which follows zero users, focuses solely on promoting this engaging game, showcasing its growing popularity through vibrant photos and videos.
What is the Coin Dragon Machine?
The Coin Dragon Machine, or “Shensha Machine”, is a coin-pushing game that combines strategy and luck. Players insert coins into the machine, aiming to push other coins or prizes off the edge to win. Its addictive nature and interactive gameplay have made it a favorite in arcades and entertainment centers.
Why singapore?
Singapore’s vibrant entertainment industry makes it the perfect destination for the Coin Dragon Machine. The city-state’s residents and tourists alike are always on the lookout for new and exciting activities, and this machine promises to deliver just that. its arrival is expected to draw crowds eager to test their skills and win exciting prizes.
Key highlights
Here’s a quick summary of what makes the Coin Dragon Machine a standout attraction:
| feature | Details |
|—————————|—————————————————————————–|
| Origin | Popularized in Hong Kong, now available in Singapore |
| Gameplay | Coin-pushing game combining skill and chance |
| social Media Presence | 110 followers, 21 posts on Instagram |
| Target Audience | Arcade enthusiasts, tourists, and families |
Experience the Excitement
For those eager to try their luck, the Coin Dragon Machine is now accessible in Singapore. Whether you’re a seasoned player or a curious newcomer, this game offers endless fun and the chance to win big.
Follow the Coin Dragon Singapore Instagram account for updates, tips, and highlights from players. Don’t miss out on this thrilling addition to Singapore’s entertainment landscape.Ready to take on the challenge? Visit the Coin Dragon Machine today and see if you can master the art of coin pushing!
