INDIANAPOLIS — The national coin shortage is impacting the Indiana Bureau of Motor Vehicles.
The BMV is asking customers to pay with a check or credit card when possible to complete transactions. Customers should use cash only when able to pay with exact change.
“The United States Federal Reserve is experiencing a coin shortage that is currently impacting all Financial Institutions within the U.S. As a result, the BMV is unable to access additional coin inventory to replenish its supplies. … At this time, branches are displaying signs identifying the situation and asking customers to use alternate forms of payment,” the BMV said Monday.
The Federal Reserve has not said when the coin shortage will be resolved. They have stated they expect coin inventories to return to previous levels once the coin supply chain returns to normal circulation patterns.
