EXHIBIT 23.3

March 2, 2001

Board of Directors
TRM Corporation
5208 NE 122nd Avenue
Portland, Oregon 97230

Dear Directors:

We are providing this letter to you for inclusion as an exhibit to your Form
10-K filing pursuant to Item 601 of Regulation S-K.

We have audited the consolidated financial statements included in the Company's
Annual Report on Form 10-K for the year ended December 31, 2000 and issued our
report thereon dated March 2, 2001. Note 3 to the financial statements
describes a change in accounting principle from depreciating photocopy machines
on a straight-line method to a units-of-production method. It should be
understood that the preferability of one acceptable method of accounting over
another for the depreciation of photocopy machines directly utilized in the
generation of revenues has not been addressed in any authoritative accounting
literature, and in expressing our concurrence below we have relied on
management's determination that this change in accounting principle is
preferable. Based on our reading of management's stated reasons and
justification for this change in accounting principle in the Form 10-K, and our
discussions with management as to their judgment about the relevant business
planning factors relating to the change, we concur with management that such
change represents, in the Company's circumstances, the adoption of a preferable
accounting principle in conformity with Accounting Principles Board Opinion No.
20.

Very truly yours,
PRICEWATERHOUSECOOPERS LLP