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snopes
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Comment: I heard from my english teacher (who's daughter works at disney
world) that so much cash passes through Disney world each day/week that
they have an armored truck come and pick up the cash (the only motorized
vehicles allowed in the underground world beneath disney) and the trucks
carry it off to an 'undisclosed" location where an officila counts the
money, and then it is recorded before it is shredded or burned. I was
wondering if this is an actuall ocurrence, or not.

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Roadie
Little Sales Drummer Boy


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Wow. This person actually figured out how to connect to the internet and send an e-mail? Color me impressed!

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diddy
Markdown, the Herald Angels Sing


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The Bureau of engraving and printing is pretty much the only group thats able to destroy currency. They only do that when its not suitable for general use. Disney takes its money to banks like any other organization. If they were to destroy its cash, it wouldn't make any money. Its sheer nonsense.

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Mickey is a Hanukkah Bush
O Come Let Us Adore Sales


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Well, s/he's got it half-right. An armored truck is the only LARGE vehicle (we have golf carts and segways going through the tunnel under the Magic Kingdom) that is permitted to be under the tunnel. And it picks up cash.

Beyond that, it's a bunch of rubbish.

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El Chupacabra
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Um.... how would the burning thing be easier than just going to the bank?
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quiltsbypam
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Although the last time I was at Disney, I felt like I was burning cash...

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diddy
Markdown, the Herald Angels Sing


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quote:
Originally posted by El Chupacabra:
Um.... how would the burning thing be easier than just going to the bank?

Shhh! Your trying to use mere logic to explain Disney's secret motives on how it can make money without actually possessing it once its destroyed?!?!?!?! For Shame!! [Roll Eyes] [fish]

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W.W.F.S.M.D?
But this image of Bush as some sort of Snidely Whiplash tying the fair maiden to the railroad tracks is beyond the pale. - Joe Bentley

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Dreams of Thinking Machines
I'll Be Home for After Christmas Sales


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You burn the cash so you can make it into diamonds!

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To me (and I would think anyone with the least bit of common sense), the only question here is:

Why would they do that?

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Winter Morning
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I have heard that the coins that are thrown into fountains and bodies of water are disposed of (not banked) when those bodies are cleaned or maintained. But I doubt if they are burned!

Morning
threw a dime into the canal near Futureworld this month anyway!

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I worked at Disneyland for a few years and they had signs posted near all fountains and bodies of water informing everyone that all coins thrown into the water would be donated to local charities. Children's Hospital of Orange County was one of the ones that Disneyland worked closely with. I assume that Disney World has a similar type of program.
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Mickey is a Hanukkah Bush
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Walt Disney World donates the change to multiple organizations, among them being Give Kids the World.

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Winter Morning
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My source may have been incorrect, but here is my source:

AllEarsnet
quote:
The coins dropped into Cinderella's Wishing Well in the Magic Kingdom go to charity. All other coins eventually collected from waterways, ponds, moats, fountains and rides are usually too deteriorated to use as currency by the time they're fished out of the water.

Do you have cites for the donation to charity? It would be nice if my dimes aren't rotting!


Morning

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snopes
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quote:
To me (and I would think anyone with the least bit of common sense), the only question here is: Why would they do that?
I've actually heard this legend before. I think the gist of it is that it's not economically feasible for Disney World to continually transport huge loads of currency (in mostly small bills) to banks outside the large WDW property, so they have some mechanism in place with the government by which they're allowed to burn the cash and receive "credit" for it.

Of course this is nonsense, as many major casinos have to deal with far, far larger volumes of cash every day than WDW does.

- snopes

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The fact that they would supposedly receive government credit for it makes a tiny bit more sense than the (publicly-owned, mind you) company just shredding dollar bills for no reason. Still complete hogwash though.

And snopes, you're right about the casinos--if Disney World were shredding dollar bills, I'd hate to think what casinos were doing with all of the change from their nickel and penny slots.

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snopes
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Actually, I'd be surprised if WDW handled an extraordinarily large amount of currency, as most of the costs associated with visits to their parks (hotel rooms, ticket fees, restaurants, souvenirs) are things people typically pay by credit card. Sure, there are lots of food concessions within each park, but I doubt they do much more aggregate business than your average sports stadium concessions do on a busy game day.

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That's a good point. I think (based on my knowledge of Disneyland) the outdoor vending carts only accept cash, but all other establishments would probably accept credit cards.
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Mickey is a Hanukkah Bush
O Come Let Us Adore Sales


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All of the stands in WDW now accept credit card; however, there are still a good number of people that use cash. Children will save up all their cash and coins to have spending money. Some international guests will use cash, because it may be easier to convert cash that way than to use a credit card and figure out how much you have to pay on the credit card if the costs are shown in dollars, not in [insert country's currency here].
Also, a lot of families use traveler's checks. With a place as large as WDW, imagine what it could be like if you lose your wallet, with all your credit cards, or your room key (which may have a credit card and your park ticket tacked onto it, if you so choose). A lot of men I know use a separate billfold and wallet, and may even use the little envelope traveler's checks are kept in. With traveler's checks, the guests get cash back, the cash is used at different places in the parks...you get the idea.

Edit to clarify international guests using cash vs. credit card.

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My mom, about my nervousness with Jeopardy!: "Don't worry about it. Just get drunk and you'll do fine."
Blog Just call me Mickey 2

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Jenn
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quote:
Originally posted by Mickey is a Moorish Idol:
it may be easier to convert cash that way than to use a credit card and figure out how much you have to pay on the credit card if the costs are shown in dollars, not in [insert country's currency here].

I'm not sure it works that way. I thought the amount goes on the credit card in US dollars and is converted by the bank so it shows up in the country's currency on the bill. I'm sure that's how it worked when my parents went to Reno (I remember quite well because my former step-mother was surprised at how high her credit card bill was even though she knew the exchange rate wasn't good at the time) and Dominican Republic, and also when friends went to Europe. The benefit of using the credit card was exactly that they didn't have to worry about figuring anything out or getting money changed.

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geminilee
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I think Mickey is a Moorish Idol meant converting the amounts in your head so that you have some idea of the amount you are spending, not any sort of difficulty with the credit cards converting the amounts, so that they do not get surprised like your former step-mother did.

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SiKboy
Deck the Malls


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quote:
Originally posted by Jenn:
quote:
Originally posted by Mickey is a Moorish Idol:
it may be easier to convert cash that way than to use a credit card and figure out how much you have to pay on the credit card if the costs are shown in dollars, not in [insert country's currency here].

I'm not sure it works that way. I thought the amount goes on the credit card in US dollars and is converted by the bank so it shows up in the country's currency on the bill. I'm sure that's how it worked when my parents went to Reno (I remember quite well because my former step-mother was surprised at how high her credit card bill was even though she knew the exchange rate wasn't good at the time) and Dominican Republic, and also when friends went to Europe. The benefit of using the credit card was exactly that they didn't have to worry about figuring anything out or getting money changed.
Watch yourself with the exchange rate though. I know a guy who booked rooms in a swiss hotel on his credit card, and was accidently charged twice. He got his bill, spotted the mistake and contacted his credit card. They refunded him the second charge *in swiss francs at the current exchange rate*, rather than the amount he had actually paid (in pounds stirling).

So basically they overcharged him (numbers pulled out of thin air to demonstrate the point) 6000 francs which worked out at £500. Then when he noticed the mistake, rather than refunding him the £500 they had mistakenly added to his bill, they refunded him 6000 francs, but at a different exchange rate, so it was only £400, leaving him out £100. Conversely, when a similar mistake would have worked out in his favour, they simply refunded the amount he was actually charged rather than the original currency amount. Of course, YMMV.

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Echinodermata Q. Taft
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I thought they gave all the coins tossed into the ponds and fountains to the Secret World Organization to Destroy the Traditional Family and Turn Everyone Gay!

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On that note, should I even bring up the fact that when I worked at Disneyland we were encouraged to say "Happy Holidays" instead of "Merry Christmas?"
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