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Yes. It depends on the type of cheque. If the cheque is from an outstation location (i.e., not in the same city as the bank) then they can charge a fee to cash the cheque.
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∙ 14y ago
Yes, it is legal for a bank to charge a fee to cash a check. Banks often charge fees for various services, including check cashing, to cover administrative costs and generate revenue. It is important to check with your specific bank to understand their policies and any associated fees.
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Can you legally cash a check if someone gave you the money in cash to replace the check?
Yes, as long as the individual who gave you the cash is the same person who issued the check, cashing the check should not pose any legal issues. It's important to ensure that the check does not bounce or have any other potential issues before cashing it.
What is the law on Post dated checks in Texas?
Post-dated checks are generally legal and can be written in Texas. However, banks are not obligated to honor post-dated checks and may cash them before the specified date. It is recommended to communicate with the recipient of the check to ensure it is not cashed before the intended date.
Can a check cashing store prosecute you for cashing a fake check?
Yes, a check cashing store can press charges against you for cashing a fake check, as it is considered fraud. This action can lead to legal consequences and potentially criminal charges being filed against you. It is important to always verify the authenticity of a check before trying to cash it.
Can you cash a business check after 90 days?
It depends on the bank's policies. Some banks may still accept the check after 90 days, but there may be a delay in processing or they may require additional verification. It's best to contact the issuing bank or financial institution to inquire about their specific policies regarding stale-dated checks.
Can someone sue you if you want to cash a personal check which they wrote you?
Yes, it is possible for someone to sue you if you try to cash a personal check they wrote you without their consent. They may claim that you are committing fraud or violating their trust by attempting to cash the check without their permission. It is always best to communicate and come to an agreement with the check writer before attempting to cash the check.
Do you need a bank account to cash a check?
No. Take the check to the bank that it is written on. Some banks will charge you a fee for cashing the check if you don't have an account with the bank, but they will cash the check.
Why is it not good to go to a check cashing store instead of a bank?
At a check cashing store they charge you to cash your check. A bank does not.
Where can you cash a bank of new york mellon check?
A Bank of New York Mellon check can be cashed at any bank, as long as you have proper ID. Some banks may charge a fee to cash the check.
Can the bank that has a charge off on you hold a pay check you are trying to cash?
ABSOLUTLEY, they not only can hold the check, the bank can keep the money.
Where to cash a postal money order?
You can cash them at any post office or your bank. Or you can take them to a check cashing place and they will cash it, but they will charge you 5% to do it.
Where to cash a check from Deutsche Bank?
You can cash a check from Deutsche Bank at any bank. Typically you will need to cash it at the bank in which you do business and provide identification in order to cash a check.
Where can i cash a check without a bank account in Everett WA?
Go to Walmart. They have a check cashing service, but will charge you a fee.
Cashier's check can it be paid out for a lower amount?
No. If you cash it at a currency exchange they may deduct a fee from the amount of the check. If you cash it at your bank but do not have enough money in your account/s to cover the amount of the check, your bank may decline to cash the check. Your best bet is to take it to the bank on which it was drawn. You will need to provide sufficient legal identification.
Is it legal for Citibank the bank that issued the check refuse to cash it?
Yes. Their may be very valid legal reasons for a bank (or business) to issue a check, and then refuse to negotiate it. It all depends on the specifics of the matter.
How old do you have to be to cash a check?
you can be any age but you might need id if your puting it in your acount they might charge if you are a custome
Can you cash a check at a different bank?
You can cash a check at a different bank if the check was drawn on that bank. Some banks will cash a check drawn on a different bank but funds will not be available right away. They will wait for the check to clear.
Will Bank of America cash a jpmorgan chase bank check?
Will bank of America cash a jpmorgan chase check
