Foreign Currency Fundraising
Foreign Currency ... everyone has some at home!
Just think about it for a second ... you have a jar or a drawer somewhere at home with foreign currency in it. Maybe you wanted a souvenir, maybe you thought you would go back and take it with you. Either way, you never thought that it would sit there for years (like it has).
So why not put it to good use?
Airlines were among the first to collect foreign currency for donations. UNICEF realized this very early on and has partnered with many different airlines around the world since 1987 and has raised over US$160 Million in that time.
Air Canada created the Air Canada Foundation to help manage their collection program, "Every Bit Counts". Today they support Children's Hospitals across Canada and help hundreds of other charities with their fundraising efforts.
Airports in different parts of the world collect donations in support of both local and global initiatives. Canada, the U.K., Europe, and Australia are where you will find some of the most successful collection programs.
However, with an estimated $750 Million of foreign currency in Canada and over $10 BILLION sitting around collecting dust in the United States, there is a lot of money to go around! Even with the success the airlines and airports have, they are barely scratching the surface.
Charities that develop ways to access those funds early on will be the fundraising winners!!
Learn More
Collecting donations in cash has been around for years, decades in fact ... maybe even as long as cash itself has been around.
But collecting donations in currencies other than Canadian or US Dollars is new. In fact, it is so new that only a handful of organizations are doing it today.
To find out how your organization can take advantage of this, click the button below.
Foreign Coin Repatriation
US Coin in Canada? Canadian Coin in the US?
Global Coin Solutions can help you realize a lot more value than just selling the coin off to be melted down. GCS will send it cross-border as needed and your organization will be able to recognize a lot more value than mere "cents on the dollar".
Canadian or US coin Outside of North America - What Do You Do?
Global Coin Solutions can help you with that too! Send us an email or give us a call, we can help!
Canadian coins in the US are a problem. They can't be used, no one will take them, but also no one will move them back to Canada. We can take care of that for you!
US coins in Canada? Why just spend them or mix them in with CAD coins when you could realize the value of the exchange rate? GCS can help you with that!
Foreign Coin mixed in with with your domestic currency?
Our name is "Global" Coin Solutions for a reason. If you have coins from other countries, even if they are on the other side of the planet, we can help. Global Coin Solutions accepts all foreign currency, and even if we can't repatriate it, we will still buy it from you.
Transit / Parking Authorities and Foreign Currency
While some transit and parking organizations are going "cash-less", most still accept cash as a form of payment. If you are still taking cash, you will have foreign currency mixed in. There is no question about it, just check with your coin processing team and they will confirm that!
All coins have VALUE
Even if we are not able to repatriate all of the coins out there, GCS will still provide value for all coins, even those no longer in circulation. Those we can't repatriate will be purchased by weight, so everything has value!