The Monetary Authority will launch a coin collection programme on October 6 with two Coin Carts roaming the city to collect coins from people for the next two years.
At the launch ceremony today, Monetary Authority Chief Executive Norman Chan said the programme provides another channel for people to get value for their coins. Collected coins will be recirculated to reduce the need for minting new ones.
Each Coin Cart, equipped with two coin counting machines, will operate at a location for seven days from 9am to 7pm. They are also fitted with an electric wheelchair lift.
The service is provided free. People can choose to exchange their spare coins for banknotes or add value to their Octopus cards. A Community Chest donation box is also placed inside each vehicle for people to donate.
The carts' exterior design is based on the winning entry of a competition held earlier for secondary school students.
Click here for the coin collection schedule.
