What do the words currency and coin mean as they appear on a deposit slip?

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1183818

2026-03-06 10:30

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On a deposit slip, "currency" refers to paper money that a depositor is adding to their account, while "coin" indicates the specific amount of physical coins being deposited. Together, these terms help the bank process the total amount being deposited accurately. They distinguish between the different forms of money being submitted for deposit.

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