Leading Independent Hong Kong Law Firm

Coin Collection Programme

Oct 6, 2025
Latest News HKMA Coin Collection Programme

The Hong Kong Monetary Authority ("HKMA") has announced a new service schedule for the Coin Collection Programme, operating from 27 October 2025 to 4 January 2026. Two Coin Carts, collecting over 1,400,000 coins worth HK$1,727 million, serve 18 districts in Hong Kong. Each Cart operates for a week, providing coin counting, banknote exchange, and donations to the Community Chest. The HKMA will review and update the program regularly.

This article was generated using SAMS, an AI technology by Timothy Loh LLP.

The Hong Kong Monetary Authority ("HKMA") has announced an updated service schedule for its Coin Collection Programme, effective from 27 October 2025 to 4 January 2026. This programme, which has been operating since October 2014, utilizes two Coin Carts to collect coins across Hong Kong's 18 districts. Over the past decade, these Coin Carts have handled 1,400,000 transactions, accumulating 1,072 million coins with a total face value of HK$1,727 million by 30 September 2025.

The Coin Carts are strategically positioned at convenient locations that minimize disruption to traffic and pedestrians. They are typically stationed at facilities providing a suitable power supply, such as those used by the Leisure and Cultural Services Department's mobile library service. The selection of locations is guided by feedback from district councils, public consultations, and coordination with the Transport Department and the Hong Kong Police Force.

The Coin Carts operate on a rotating basis, with each cart staying at a location for one week, contingent upon parking space availability and maintenance schedules. The service hours are from 10 a.m. to 7 p.m., during which two coin counting machines and operational staff are available to assist users. Additionally, an electrical wheelchair lift is provided to ensure accessibility.

Users can conveniently exchange their coins for banknotes or add value to various stored-value facilities such as Octopus Cards, e-wallets (including AlipayHK, Octopus Wallet, Tap&Go, and WeChat Pay), all at no charge. Each Coin Cart also features a Community Chest donation box to facilitate charitable contributions. The HKMA will regularly review the programme and update the service schedule to keep the public informed.

The primary objective of the Coin Collection Programme is to recycle the collected coins to meet public demand. This service enhances the public's convenience in disposing of or exchanging coins, thereby promoting financial inclusion.

View the full article:Source

We use cookies to enhance your experience of our websites and to enable you to register when necessary. By continuing to use this website, you agree to the use of these cookies. For more information and to learn how you can change your cookie settings, please see our Cookie Policy and our Privacy Notice.