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Fees to Cash a Check for Non-Customers at the Top Banks

Learn the check-cashing fees at the largest U.S. banks and find out how you can cash a check without a bank account.

Santander Bank Branch
Santander Bank Branch

When you receive a check, but don't have any way to deposit it, you have to go to the bank that issued the check if you want to cash it. However, it's going to cost you.

What are the fees at the top banks?

MyBankTracker contacted the top 20 banks in the U.S. in order to determine their non-customer check-cashing fee policies, which we have compiled in a table below.

While some banks, like Capital One, Citibank, and SunTrust maintain a policy of providing this service for free, other banks are profiting by charging anywhere from a percentage of the check to a $10 fee.

Here are the fee policies of the top 20 U.S. banks (flat rates apply to business and personal checks unless otherwise specified) and how they changed in recent years:

Cost of Cashing Checks for Non-Customers

Bank Non-Customer Check Cashing Fee
Bank of America $8 per check for amounts greater than $50.00
Chase $8
BB&T Free under $50; Over $50 a fee of $8
BMO Harris Bank $10 ($50 is the minimum amount you can cash)
Capital One Free
BBVA Compass $10
Citibank Free for checks under $5,000
Fifth Third Bank 1% of the check amount ($4 minimum and $25 maximum)
HSBC Bank Free for personal checks; $3 for business checks under $100 and $5 for business checks of $100 or more
KeyBank 1.0% of the check amount ($3 minimum and $25 maximum)
M&T Bank 2% of the check amount ($3 minimum)
PNC Bank Free for checks $25 and under; 2% of the check amount for checks greater than $25 ($2 minimum)
Regions Bank Free under $10, but above $10, 1% of the check amount ($2 minimum and $20 maximum)
Citizens-Bank $7
SunTrust Free for checks $50 or under; $7 if greater than $50
TD Bank $10
Union Bank $10 fee for personal checks over $100; $10 for business checks over $25
U.S. Bank $5
Wells Fargo $7.50

Every bank requires that you have two forms of government-issued ID (i.e. driver's license and U.S. passport) when you go into the branch to cash a check as a non-customer.

If you are trying to cash a check that is written to yourself and another person, remember that these rules that apply and it could cause more of a hassle to get your money.

Understanding how it works

Here's a simple scenario to show you how to deal with a cashing out a check as a non-customer:

  1. Let's say you receive a Chase-issued check for $100.
  2. You personally bank at Bank of America, but for whatever reason, can't make it to your bank's branch. You also need the money as soon as possible, so you decide to go to Chase to cash it.
  3. When you arrive at Chase, you go to the counter and ask the teller to cash your check.
  4. The teller tells you that since you are not a Chase member, you will, unfortunately, have to pay a $6 fee for the cashing of your check.

Analyzing the data

Interestingly enough, compared to fees in 2013, some banks have increased their fees, while others have made their policy more affordable for the everyday consumers to cash, such as in the case of personal checks.

Bank of America, Union Bank and KeyBank are some of the big banks that have raised fees. Meanwhile, Fifth Third Bank and SunTrust have implemented lower fees for their check-cashing services.

What can you do if you don't have a bank account?

You may be wondering why anyone would ever go to a different bank to cash a check when their own bank provides the service for free.

As we illustrated in the above scenario, if you can't get to your bank, going to the bank of the issued check is your second resort. Or perhaps you don't have a bank account because of a bad banking history, which means you're on ChexSystems.

Luckily, for people in this predicament, here are other ways to cash a check without a bank account.

Keep in mind it's much more costly to cash checks without a bank account.

Tip: If you're tired of paying these types of fees because you're bankless, consider an online bank account. Here are the best online bank accounts to choose from. Also, here's our list of the best second chance checking accounts.

Convenience stores and supermarkets

The nation's largest retailer, Walmart, offers check-cashing services that cost $3 to cash checks of $1,000 or less or $6 for checks of over $1,000 to $5,000 (the maximum).

Also, some 7-Eleven locations have kiosks that will cash checks for a flat 0.99 percent fee.

These are just two popular examples as cash-checking alternatives -- you're local supermarket or convenience store may provide similar services.

Check-cashing stores

You may have noticed some local check-cashing stores.

They'll cash your checks as you'd expect, but it may be more expensive that the other options -- usually as a percentage fee or a percentage fee plus a flat fee.

Check Cashing Fees at Non-Banks and Stores

Check-Cashing Store Fees
ACE Cash Express 2% to 6% of the check, depending on the type of check
Amscot Up to 9.9% of the check, depending on the check ($3 minimum)
PLS 2.01% of the check ($1 minimum)
Walmart For checks up to $1,000: $3 For checks of greater than $1,000 up to $5,000: $6

Prepaid accounts

Prepaid card accounts act similar to checking accounts, including the ability to accept check deposits.

Depending on the prepaid account, you may be able to access an ATM to deposit a check. Fees may apply for using ATMs but, usually, it is free. The same goes for mobile check deposits.

Prepaid accounts are easier to obtain than checking accounts, so you can get one to cash checks on a regular basis without having to make the trip to the check-issuing bank and facing non-customer check deposit fees.

Different types of payable instruments take different times to clear when you deposit them. We performed an actual test to compare the deposit speeds of personal checks, cashier's checks and money orders.

How to avoid frustrations if you're looking into the fee policies of banks

If you decide to do your own investigating because you have a check issued by a bank that isn't listed, we recommend calling the actual branch instead of the customer service number (though sometimes that's difficult when bank branch numbers aren't listed online).

Branch members are much more familiar with the policies of daily transactions that occur at their branch locations, and as such, are better equipped to inform you about routine protocol.

Customer service representatives are likely to ask you to hold while they look up the answer in their database, which isn't likely to be wrong, but may mean a longer wait time for you (though not drastically).

Also, call well ahead of the branch's closing time, or you may be turned away.

Though many banks charge check cashing fees, depending on which bank you go to, you might be able to talk to someone and get the fee lowered or waived.

Frustrated with your bank?

Check out these new top banks that people are talking about:

Compare Best Accounts Now

Ask a Question

charlesoliverbookman
Sunday, 11 Jul 2021 1:30 AM
<p>This is all wrong, even if it worked like that, and if course it doesn't, it's not non-customers who are the only charged, and it's not even that non-customers are always charged! And we're believing the banks, in secret, decided to just throw us some extra cash and lose money everyone they provide one of their main services? And if it "makes sense" the banks simply charging cost to offset what they pay, the fact they don't ever do that means what you're saying does not "make sense." Presumably overcharging does NOT make sense, then? It somehow does, though - that about right? But 100% right about "problem solved" - the problem of paying unnecessary, esoteric fees is solved by paying the exact same fees, plus the other ones now, AND being obligated financially to some billionaire institution whose purpose is to profit off you. Why? Because they made it too expensive for you not to join them? I guess being a big girl means less financial awareness, responsibility &amp; control, &amp; accepting that being a profligate shill and liar is easier than choosing your own thoughts, or having them I guess? Yet no one would want this quality of "support" so I think, yet again, just another true believer...presumably post-A-Clockwork-Orange-style banking mindwipe. This one's too, Wells Fargo-ne.</p>
disqus_FrNk8QiXWX
Saturday, 25 Apr 2020 10:47 PM
<p>What bank can I go to and cash my stimulus check? I have no account.</p>
william_lipe
Saturday, 02 Nov 2019 8:55 PM
<p>I guess I'm confused as to why anyone would stay with a bank that had charges like this. I mean if little Johnny gets a Christmas Check from Uncle Frank and it cost $10.00 to cash it....WTF Why, Why would someone let them get away with it? People you have a choose as to were you bank and can make changes to the system by taking your money somewhere else...</p>
william_lipe
Saturday, 02 Nov 2019 8:52 PM
<p>US Bank now charges $7</p>
Friday, 25 Oct 2019 10:41 PM
<p>Walmart will cash CA FTB and IRS checks but only to $5K Max.</p>
Friday, 25 Oct 2019 10:40 PM
<p>Union bank, Wells Fargo, Chase will NOT cash CA FTB and IRS checks period. My time wasted.</p><p>JA</p>
Thursday, 19 Sep 2019 9:30 PM
<p>that is such a bad take. poor people can have bank accounts. credit unions offer free bank accounts. maybe some poor people are not responsible enough to have an account because they go overdrawn but that has nothing to do with being poor</p>
marymonkartist
Friday, 12 Jul 2019 1:17 AM
<p>I looked up the fee on here for Capital one and it says free but it is not. It is a 7.00 charge to cash their customers check made out to a non customer. :(</p>
Friday, 14 Jun 2019 3:10 AM
<p>Inaccurate, key bank is not based off a percentage it is actually $7.50 no matter the amount.</p>
disqus_Dah2T9XOqc
Sunday, 17 Jun 2018 2:33 PM
<p>Nice pic of Santander! But, no info?</p>
disqus_mIdCbQqrEk
Monday, 16 Apr 2018 10:23 AM
<p>These fees are nothing more than greed on the part of big banks. Yes, there is the argument of it costing them money, but that is just a cover-up for them. Everytime I go into these big banks, it just irritates me that they are crying about the cost when they have usually at the max, 2 tellers, 1 manager handling other banking. Yet still they have another 10 empty teller windows and 6 or 8 empty desk. If they really need to cut down on their expenses, than why do they pay for all of that wasted real estate? It's just another excuse for them to get more money. Plus, if you take a hard look, you will see that the big banks pay a tiny interst rate on CDS, Money markets, etc, compared to smaller financial institutions like credit unions.</p>
disqus_ldwtmgvPM9
Tuesday, 10 Apr 2018 11:54 PM
<p>Union Bank actually charges $10 now, not $5</p>
Sunday, 08 Apr 2018 2:40 PM
<p>Who will cash a two party check if the bank owner of the check is many miles away from my location</p>
Thursday, 05 Apr 2018 3:52 AM
<p>I have 2 questions. It states that BoA charges $8 for checks over $50 but what do they charge for checks $50 or under? I dont want to assume it's free. Secondly, does Walmart cash a personal check?</p>
Friday, 16 Mar 2018 10:25 PM
<p>can I cash a check (tax refund) as a non resident ?</p>
Thursday, 15 Mar 2018 10:11 PM
<p>Jason, the check cashing fee at Chase has been $8 for years. This article just has incorrect information.</p>
mon_dieu_ishmael
Wednesday, 07 Mar 2018 3:43 PM
<p>My last statement from our bank notified us that a 2% charge for checks over $25 is in the offing. We pay most of our bills (gas, water, taxes, etc...) with checks. I am amused that the IRS may have to pay a 2% fee to cash our check.</p>
disqus_6gpMgesFuE
Friday, 02 Mar 2018 1:54 AM
<p>Wait a sec. Chase is supposed to charge $6 for check cashing when the person doesn't have an account with them. Has there been an increase in this fee recently? I've cashed a few checks at a local branch, and the fee has always been $8. The fee itself is utterly ridiculous, but to find out I've been overcharged unfairly is a whole new level of BS.</p>
disqus_d9g8HDaZNQ
Thursday, 01 Mar 2018 10:15 PM
<p>Dan I completely agree. Gave my friend a check to cash at my bank and they charged him $8!!!! Robbery is what it is. Tax on tax on tax!!!!!</p>
duane_brooks
Monday, 26 Feb 2018 3:51 PM
<p>Damn! Did you steal all those cheesy word from an 80’s comic book villain? I don’t necessarily agree with everyone’s anger at banks taking service fees but I think you are totally off base with your angry attitude. You are a total jackass.</p>
Friday, 16 Feb 2018 9:41 PM
<p>Come on, Aaron. As A CUSTOMER, I pay my bank to cash checks that I give to people. The non-customer's freedom to cash my check at my bank is a service I pay for as a customer at that bank. When my cleaning lady suddenly has to pay to cash the check I give her, is it any surprise that she wants a $10 per check raise from me? In other words: MY BANK wins money from me, its customer; it's not just charging a non-customer for a service it is not otherwise paid for. Stop the shilling!!.</p>
disqus_4Aa4MioAVb
Saturday, 03 Feb 2018 6:01 PM
<p>If you dont like the cost involved in banking overhead then get out of the business. Your banks are rediculous and my employees shouldnt have to pay to cash a check I wrote to them from the account I have with the same bank. Its theft and taking advantage of people to gain more revenue recoup from non members. The thing is these are the reasons bitcoin and cryptocurrencies are moving due to the red tape and fees you controlling bankers limit our cash, charge us to pay for employees you need to operate. I can keep my cash to myself and if everyone did same electronically youd be looking for a job. The customer shiuld be your focus. I will never have an account with BofA or Cgase due to these very charges they place on people trying to cash my checks at the bank that holds my company cash. You use my money daily to generate revenue, stop bothers my employees and customers i write checks too. Bad business and greed.</p>
Studebaker_Hawk
Thursday, 01 Feb 2018 4:52 AM
<p>I am presenting an instrument that is payable upon demand. Unless it is invalid in some way, such as a forgery or insufficient funds that instrument is a valid directive by the banks customer to give me my money. I have not agreed to any terms with the institution that holds those funds. The fee is predatory. I understand the bank wishes to lower it's cost per transaction but those fee's need to be levied upon their customer. What next, a $6 fee to every vendor submitting an invoice for supplies or services?</p>
disqus_LJJplnMoih
Wednesday, 31 Jan 2018 6:50 PM
<p>Check cashing is not the same as presenting the bank with cash and requires more than milliseconds. It requires human intervention to review and authenticate the payee via acceptable identification, run the payee's name through OFAC (a regulatory Anti Money Laundering requirement and a different software than the teller's transactional software), key in the transaction and manually debit the bank's customer's account (versus the item clearing electronically through the Fed), film/archive the item, count out your cash and wish you a nice day. I cashed a large check at the payer's bank and they even called the maker to ensure that he had written the check and asked him to describe me. I didn't complain as they were just doing their job and protecting their customer. If these fees were not allowed, the regulators would sanction the bank.</p>
disqus_LJJplnMoih
Wednesday, 31 Jan 2018 6:40 PM
<p>Clearly, the banks DO have a right to charge you and they will. Checks are designed to be processed by clearing houses at a very low cost - - less than a penny. When someone wants to negotiate that over the counter for cash, the cost goes up (banks say $6 for a live teller transaction of any kind) as the bank has to take extra steps to confirm the identity of the payee - - a non-customer - - check OFAC lists, etc. Avoid paying the fee by 1) depositing the check into your own bank account; 2) receiving payments electronically to your account or stored value card; or 3) opening an account at the bank. Also, you're not a lienholder, you're a payee. The bank also has the right to refuse to negotiate the check over the counter.</p>
Wednesday, 10 Jan 2018 9:36 PM
<p>It's a good comparison. Too many of you have no idea what you're paying for. An account holder, by either paying for checks, or maintaining a relationship with a bank that earns the bank a profit; is paying for all the services associated with printing, clearing through the Fed, imaging, and recording that check (we'll exclude facilities expenses and everything NOT associated with check cashing). Every 5 minutes a teller spends cashing a check for non-customer, there's an expense associated with it. Imagine if a Bank with 1000 branches, cashed 5 checks a day, at 5 minutes per transaction, at a rough hourly wage of $15/hour. That's a time expense of 1.65MM each year in associate salary (and that's a low ball assumption of volume). There is also the expense of the cash itself. It costs about $200 for each shipment of cash to be trucked to a bank (this is usually done 2X each week, and about $1.50 for each strap of currency (100 bills, regardless of denomination)). Banks eat these costs or spread them out across the profitability of all customers. Non-customers, by their nature, are costing the bank money; a check cashing fee is a means of recouping these costs. Or, you could think of it as a deterrent to use your own bank. Checks are a contract, meant to be cleared through the Fed by depositing them through your bank and clearing through the issuer's bank. As a check casher, you also loose the record of the check if you cash it rather than depositing it. If you deposit it, you will always have a record that the issuer provided a check, and that you deposited it. You don't have that when you cash it at their bank. Nearly every bank out there these days, provides accounts that are free (even though the average account is not profitable to a bank for at least 6 months due to the expenses associated with screening and set up). Any business that provides something for nothing, is a suitable comparison. The whining here is nothing more than people wanting something for nothing, as if they have a god given right to the 'stuff' someone else provides. A car dealer wouldn't provide a free first oil change to an owner that didn't buy their car there would they? GROW UP!</p>
basicallybros
Tuesday, 26 Dec 2017 7:17 PM
<p>Nah they are ripping people off</p>
basicallybros
Tuesday, 26 Dec 2017 7:17 PM
<p>Banks ripping off the little guy</p>
Studebaker_Hawk
Saturday, 16 Dec 2017 12:51 PM
<p>They are. And I expect the bank to roll all those costs into charges against THEIR customer. I am not their customer. I am a lienholder if you will against their customers account until I am paid. They have no right to charge me for my money. I have signed no agreement with the bank the check is drawn on.</p>
Friday, 15 Dec 2017 11:10 PM
<p>Banks don't charge for the "privilege" of writing checks. They charge for the cost of producing checks ( last time I checked ink and paper aren't free). So the account holder is paying for a product. They then choose to use that product to pay whomever they owe money to rather than using a different form of payment (cash, mobile transfer such as Zelle or Venmo, or transfer using account numbers). The transaction of cashing the check is now the bank providing a service. For the bank to be available to provide this service they have overhead costs such as the teller's pay, electricity to run the computer, lights, etc. internet to access the network of accounts and verify funds, etc. heat or A/C for the building, rent or property taxes for the building, etc, etc. For account holders to do this transaction, they pay typically in one of two ways: by paying a monthly maintenance fee that would assume this cost as well as other basic costs of maintaining the account, or they pay by having a strong enough relationship with the bank that they're relationship is considered an asset to stockholders. Since a non account holder is not paying in either of these ways, they then pay for the transaction a la carte which covers the cost of the overhead needed to be able to provide that service rendered to the non account holding customer plus make a small profit off of the transaction. At the end of the day they are a product and service providing for-profit business. Just like grocery stores, fast food restaurants, gyms, retail stores, television providers, internet providers, cell phone companies, etc.</p>
disqus_i8NY8tJvI5
Friday, 10 Nov 2017 2:57 PM
<p>just because you're an ordinary ***** doesn't mean the rest of us are.</p>
Tuesday, 24 Oct 2017 6:32 AM
<p>$8 at Chase seconded. However I have a Chase credit card that I present as my 2nd piece of ID and they have always waived the fee.</p>
Studebaker_Hawk
Thursday, 28 Sep 2017 2:48 AM
<p>I wouldn't if I had a choice. But I have no control over what bank is used to provide me my funds. Which is why I see it as a predatory fee. Because as you point out, the bank has charged their customer for the privilege of writing the check, and now they are charging to cash it too.</p>
Wednesday, 27 Sep 2017 11:34 PM
<p>WRONG COMPARISON!!!! You are not going in to be a member.....you are going in to cash a check from their member. Their member have already paid to obtain and write the check! They pay for the right to write the check! My bank doesn't charge to cash my checks! STOP ENABLING THESE PEOPLE! They only started doing this in the past few years. If it is a valid, why have they done this all alone.</p>
Thursday, 21 Sep 2017 6:29 PM
<p>Batman, honestly, which Bank do you work for? Do you remember 2008? Banks will take and take whatever they can it's a kind of sickness in the Banking culture. I'm looking at a check right now it says pay x amount of dollars to Daniel h... it does not say collect x amount of dollars from Bank of America it says "pay" ...the order is to pay, it is the banks own instrument, used in accordance with the customs and conventions of the industry, as defined by them, the word collect is not used anywhere on the check...the onus is on them to pay, not on me to collect.</p>
Studebaker_Hawk
Saturday, 16 Sep 2017 1:47 PM
<p>This is just another predatory fee. The banks customer wrote the check, not me, and the check is written on the bank I am presenting it at. Why should I be penalized for simply trying to obtain the money the banks customer has directed them to give me?</p>
Wednesday, 13 Sep 2017 3:08 AM
<p>Batman, you are wrong they are highly regulated financial institutions. And they are required by law, US Code, to cash their checks at full face value when brought to them...<br>Austin Morris, you are correct.<br>The controlling law at present is<br>The Uniform Commercial Code, Title 3, "Negotiable Instruments".<br>They are required to cash their check for the full face value.<br>"Pay to the Order Of, Exactly" is a Demand for Payment...!<br>You need not be a customer. Any fees are to those who hold the account for the convenience of issuing you a check and not carrying around cash or legal currency. The amount the check is written for must be paid when negotiated at the banking institution it was drawn on. Period.</p>
Wednesday, 13 Sep 2017 3:02 AM
<p>The controlling law at present is<br>The Uniform Commercial Code, Title 3, "Negotiable Instruments".<br>They are required to cash their check for the full face value.<br>"Pay to the Order Of, Exactly" is a Demand for Payment...!<br>You need not be a customer. Any fees are to those who hold the account for the convenience of issuing you a check and not carrying around cash or legal currency. The amount the check is written for must be paid when negotiated at the banking institution it was drawn on. Period.</p>
Wednesday, 13 Sep 2017 3:00 AM
<p>Austin Morris, you are correct.<br>The controlling law at present is<br>The Uniform Commercial Code, Title 3, "Negotiable Instruments".<br>They are required to cash their check for the full face value.<br>"Pay to the Order Of, Exactly" is a Demand for Payment...!<br>You need not be a customer. Any fees are to those who hold the account for the convenience of issuing you a check and not carrying around cash or legal currency. The amount the check is written for must be paid when negotiated at the banking institution it was drawn on. Period.</p>
Tuesday, 05 Sep 2017 7:22 PM
<p>TG- most of the fraud occurs with non-customers cashing checks. Its actually challenging to verify if the bank's customer issued the check. Signatures are never the same, the check sequence is not in order. If the issuer said they did not issue the check, the bank ends up with the loss. Sometimes losses total in the millions. Just because there are enough funds in the account doesn't mean the issuer wrote the check. <br>Don't forget the time and cost it takes to cash the checks, paying for employees, order cash.</p>
disqus_RbCsrzb4Se
Thursday, 24 Aug 2017 4:24 PM
<p>Bank's hold their cash reserves for their customers. So if someone wants to cash a check without an account it is that banks right as a private business to have a convenience charge to cash it. It may not be an exact comparison but I look at it as you wouldn't walk into a gym as a non member and expect to get in for free to use the same services their customers would you? A bank's cash reserve is a service to their CUSTOMERS. Non Customer's don't get it for free.</p>
MyBankTracker
Friday, 28 Jul 2017 6:44 PM
<p>You may have finally cashed the check upon which the check was written. Banks will not cash a check written through another when it is presented by a non-customer.</p>
MyBankTracker
Friday, 28 Jul 2017 6:43 PM
<p>Thanks for the notice. We'll make a note to update it when that change happens.</p>
nonresidentalien
Friday, 28 Jul 2017 3:15 PM
<p>As a foreigner this discussion is particularly interesting and useful - thank you for the list of banks and policies. I find the banking sector in the USA generally rather parochial with many banking only having branches in one state or in some cases only in one town [yes, I understand the anti-monopoly laws]. In my home country I can be assured that there is a branch of "my" bank within any small town across the country and the concept of going to a bank that I do not bank with is almost unheard of. I am reading this thread as I have been living in the USA for a few months and have just been handed a check as a refund on the deposit that I paid on the accommodation that I rented. The rental agency does not "do" cash and I will thus need to find a bank that will cash this USA check before I return to my home country. Reading this thread suggests that it might actually be the same price to ask my bank at home to cash what is then a foreign check and I will be charged for the currency conversion as it would be to go to a bank in the USA where they actually deal in USA dollars.<br>As an "aside" I tried a couple of months ago to cash a "cash" check and I had to go to a number of banks before I found one that would cash it. It would seem that a cash check is not really cash?<br>This would in fact not be a issue in my home country, there would not be a charge for cashing a cheque for the receiver of the money. Any charges are for the account of whoever writes out the check and is thus a holder of a checking account.</p>
Beeker25
Friday, 07 Jul 2017 1:36 PM
<p>Anyone could easily deposit the check from their app which you ignored. There is a trend towards using Venmo, Google Wallet or Zelle to initiate payments and receiving it. Have you tried it?</p>
Beeker25
Friday, 07 Jul 2017 1:33 PM
<p>Starting August 15th, BOA will be upping the fee to $8. The reason for that is they want to reduce the use of checks as it is expensive to process and handle. The main focus is on using services like Zelle, Google Wallet, Venmo, etc. Additionally banks also have on their app that allows people to deposit their checks they receive right from home. Be warned, there are limits they impose for the amount you deposit for the month. <br>Disclaimer: I am not an employee of any bank.</p>
Friday, 09 Jun 2017 8:57 PM
<p>Batman opening an account for some is not an option for many reasons. Millions of people use cash daily not just cards especially in business. Nevertheless cashing a check upon the issuing bank is very important when the check is turned down in regards to trusting the person who gave you the check. And also when your bank is not local, as in another state. Construction, farming etc are many of business that still rely on cash daily. For me it delayed remodeling of a home for resale, workman's salaries and needed supplies when a simple $3500 Chase issued check was turned down by a out of state Chase bank branch for immediate cash to my workman for me during my returned to my home state. <br>This is wrong. Federal laws [UCC article 3 and 4 etc] state that you are<br>owned what is written and tendered upon a valid check or cash by the issuing<br>bank whether you are a non-customer or not. That's why we are charged monthly check fees.<br>The law addresses the check to be tendered and obeyed upon demand to<br>the person who receives the promised payment,. When you Gina and others<br>like yourself give in to this greed then you become part of the problem of the<br>greed. Going to your bank is an option which then the check will be but<br>on hold so banks can earn even more money from your hard earned check<br>which actually happens. But when you need the funds that day to finish or<br>pay an immediate debt and denied by the issuing bank this is<br>legally wrong, as flyby/Morris have indicated. Bank policy is not<br>standing law only strong arm greed. If they refuse to cash a valid check<br>not withstanding certain conditions such as lack of funds, ID or too<br>large amount etc any harm from the refusal can be charged to the bank that<br>issued the check. Therefore, as indicated, the UCC does have laws that protect the person having a valid check against the issuing or beneficiary bank. Sullivan’s statement is missing one<br>important fact, No UCC statute only a misstated hearsay. Stand for your rights<br>or permanently lose them. That's what makes America Strong... therefore giving freedom meaning to the common people. That includes protecting you batman... freedom of speech.</p>
MyBankTracker
Wednesday, 31 May 2017 10:40 PM
<p>This is difficult to say. If you try to cash the check as a non-customer, you'll get hit with the fee. If you try to cash it as a customer through the account with a negative balance, then the funds will likely be used towards that owed amount.</p>
erica_chancey
Wednesday, 31 May 2017 2:25 PM
<p>i owe td bank money on another account will they take a payroll check and cash it with out taking what i owe?</p>
kyferez
Tuesday, 09 May 2017 2:15 PM
<p>When you cash a check on the bank it was written at, there is virtually NO RISK. They can and do verify the account holder has funds, and there is no cost for processing the check.</p><p>The ONLY reason for the fee is GREED. The service is not being provided to the non-account holder, it's being provided to the Account holder. Therefore, you are doing your account holder a disservice by charging their recipients a fee.</p><p>I am doing what another person suggested: Asking for a receipt. Then charging your account holder the fee. It's the best policy to deal with this bank greed.</p><p>As for why people need to cash a check at a bank instead of opening an account... There are lots of valid reasons. Banking FEES, overdraft fees (even when you do not want overdraft as you can't Fully disable it any longer for debit cards), checking fees, etc. are some good reasons. Another Good reason is when you are buying a house. If you weren't ignorant, you would know you cannot deposit personal checks or cash when buying a house or else that money has to be explained. Therefore you may need to cash checks.</p>
kyferez
Tuesday, 09 May 2017 2:09 PM
<p>Batman, learn something. When you cash a check on the bank it was written at, there is virtually NO RISK. They can and do verify the account holder has funds, and there is no cost for processing the check.</p><p>The ONLY reason for the fee is GREED. The service is not being provided to the non-account holder, it's being provided to the Account holder. Therefore, you are doing your account holder a disservice by charging their recipients a fee.</p><p>I am doing what another person suggested: Asking for a receipt. Then charging your account holder the fee. It's the best policy to deal with this bank greed.</p><p>As for why people need to cash a check at a bank instead of opening an account... There are lots of valid reasons. Banking FEES, overdraft fees (even when you do not want overdraft as you can't Fully disable it any longer for debit cards), checking fees, etc. are some good reasons. Another Good reason is when you are buying a house. If you weren't ignorant, you would know you cannot deposit personal checks or cash when buying a house or else that money has to be explained. Therefore you may need to cash checks.</p>
harpoonflyby
Thursday, 27 Apr 2017 8:34 PM
<p>One could make the argument that a fee on the exchange of liquid money (checks, cash, coins) is a form of interest rate on the aggregate free flow of money. In that light the American consumer in the moment they are without an account although is paying a fixed one-time fee, are paying a sort of interest rate on liquid money (M0) transfers when taken the entire economy into the picture. In principle this fee should be regulated just as interest rates are</p>
harpoonflyby
Thursday, 27 Apr 2017 8:28 PM
<p>Untrue. If the check is drawn on the name of the bank you are visiting, it is the same as presenting them with cash. They can (if they so desired to stay a reputable place of business) verify the check number for it's authenticity, account drawn upon, all of the check-clearing steps which now takes mere milliseconds thanks to computers - and at no cost to the bank whatsoever. It would be the same in principle as bringing in a 50 dollar bill to a bank and asking them for change. They look at it under the light to ensure the bill's security features are there, and you get the change of two twenties and a ten. A state and federal commercial banking charter explicitly dictates what a bank can and cannot do, with the express purpose of them offering a public good. It cannot charge certain interest rates, of which one could argue includes this type of "rent seeking" to profit off the the exchange of liquid money (like cash or checks), deposits or withdrawals. The banks traditionally therefore earn a profit by selling mortgages and loans.</p><p>The idea that banks would charge a customer off the street for making change, is pretty recent phenomenon. It is another example of Wall Street class warfare, profiting from citizens and getting away with a little bit of fraud by violating their commercial bank charters, which now apparently now needs some new regulation.</p>
Tuesday, 18 Apr 2017 9:56 PM
<p>simple solution. go to the bank you have an account with to avoid the situation. bank tellers are not taking your money it is banking policy that the tellers abide by.</p>
Tuesday, 18 Apr 2017 9:49 PM
<p>Yes they can do that. If the check is written to your son then he takes ownership of the check and being he does not have an account he will get charged the fee. To avoid the fee you would have to be present and cash the check.</p>
airwine
Saturday, 15 Apr 2017 2:59 PM
<p>Ah, the old "forced to charge by regulations" ploy. These would be the regulations that the banks insisted on and got in the process.</p>
disqus_KvAIEDeIKZ
Saturday, 25 Mar 2017 4:23 PM
<p>The Office of the Comptroller of the Currency, or OCC, tackles this issue on its website, Answers About Cashing Checks.</p><p>It states, “There is no federal law or regulation that requires national banks to cash checks for non-customers. Most banks have policies that allow check cashing services only for customers who have an account with them in order to protect both themselves and their customers from forgeries.”</p><p>It goes on to say, “Also, if a national bank agrees to cash a check for a non-customer, it may legally charge the presenter a fee.”</p><p>The OCC charters, regulates and supervises all national banks and federal savings associations, as well as federal branches and agencies of foreign banks. It is an independent bureau of the U.S. Department of the Treasury.</p>
disqus_KvAIEDeIKZ
Saturday, 25 Mar 2017 4:20 PM
<p>The Office of the Comptroller of the Currency, or OCC, tackles this issue on its website, Answers About Cashing Checks.</p><p>It states, “There is no federal law or regulation that requires national banks to cash checks for noncustomers. Most banks have policies that allow check cashing services only for customers who have an account with them in order to protect both themselves and their customers from forgeries.”</p><p>It goes on to say, “Also, if a national bank agrees to cash a check for a noncustomer, it may legally charge the presenter a fee.”</p><p>The OCC charters, regulates and supervises all national banks and federal savings associations, as well as federal branches and agencies of foreign banks. It is an independent bureau of the U.S. Department of the Treasury.</p>
dayle_hudson
Friday, 24 Mar 2017 2:23 AM
<p>Wrote a check to my son. Took it to same branch. The took seven dollars out for check fee. Can they do that.? He doesn't have account with them but didn't get what I wrote it for.<br></p>
hadizaadiltheila
Thursday, 23 Mar 2017 9:33 AM
<p>lol</p>
Wednesday, 22 Mar 2017 6:33 AM
<p>Unknown by most people, it takes approximately $7 (filming, wages, time, transportatin ect) to process a check. If you do not have an account or are not contributing to the institution to which you are cashing a check with, you are therefore creating a cost for them. In order to cover this cost you get the fee for cashing a check when you do not have an account with them. Makes sense.. Just open an account with a good institution, put on you big girl panties and put it through your own account. Problem solved.</p>
SphinxEmmaShade
Tuesday, 21 Mar 2017 9:12 PM
<p>The fee listed for Chase is incorrext- they charge an $8.00 fee for cashing a check drawn on a Chase account.</p>
petewalrath
Monday, 06 Mar 2017 5:28 PM
<p>Because, you angry twit, the service is actually being provided to the account holder, who pays the fees associated with the account for the service of allowing him to give promises to pay to folks instead of walking around with a sack full of silver. Nobody should be required to have a bank account at all in order to be on the receiving end of such transactions, and charging a fee just cheapens the promise. And btw, no risk is transferred to the bank, who can just look right in the account to see if the money is there. Just because YOU post intimidating angry rants doesnt make you any smarter than my goldfish. </p>
mrnobls
Saturday, 25 Feb 2017 6:45 PM
<p>Charging for a service is not a poor policy.</p>
curt1480
Wednesday, 22 Feb 2017 7:11 PM
<p>Better yet I will keep back charging the customers until they find a bank without these bad policies. Oh by the way, banks did not have anything to do with the bad loans? I guess the government just decided to hit them with one of there own fees then. Lol</p>
curt1480
Wednesday, 22 Feb 2017 6:59 PM
<p>Either way it will hurt your banking business because A pay your clerks more to listen to the rants of people complaining about your poor policies; or B wait to see how many customers leave after they get charged for your excessive fee from the vendor. No one is required to have a banking account nor I'd or driver license. Thanks for playing.</p>
Saturday, 14 Jan 2017 4:14 AM
<p>They are offering a service to their customers in which a note is issued on behalf of their bank's name to pay cash for the said amount of the note to the bearer of the note, upon demand. They are not honoring that 100 year old institution by then charging an additional fee to pay on their notes. This is not capitalism, it's a con-man contractor taking payment for something and then japing you on the service they are to provide. Any good Conservative should be appalled by this lack of ethic, as we know that any good Democrat would be.</p>
Friday, 06 Jan 2017 10:58 PM
<p>since late 2015 the keybank check cashing fee has been $5 and still is to this day. i dont know hwere you got the 7.5 but thats incorrect.</p>
Wednesday, 26 Oct 2016 6:20 PM
<p>It's a "Greed Fee". Nothing happens between the bank teller's till and my hand that warrants or justifies such a fee. Or perhaps you could consider it a penalty fee for not having an account with them. If you deposit it into your bank account you get the full amount, your bank pays no such fee to their bank. There is a chance that if you point this out and call them out on such unscrupulous business practices they will waive it. In essence, such fees are no different than the requests at many businesses where you may be asked if you would like to donate to an amount of money to a charity, except the banks are implying such donations are required. Delta did something similar with their "live person" fee, which they have since discontinued.</p><p>Another comment suggested requesting a receipt for the fee so you may back charge the account holder who wrote you the check. This is a great suggestion as they are already paying an annual fee for the checking account, there is no justifiable reason you should as well.</p>
disqus_b6T9ZrtGqD
Wednesday, 12 Oct 2016 2:41 AM
<p>I cannot agree that these charges are legal, and have taken the matter up with district managers at JPMorganChase Bank, and Wells Fargo. It's also appalling that so many bankers get on here without any legal training or law degree swearing to us all that the law, or some bankers are dumb enough to say "regulators", require this fee.</p><p>Generally, Wells Fargo will waive the fee if you threaten to or actually call the district manager.</p><p>I would challenge Mr. Zhen to provide a citation to federal authority for the proposition that somehow a national bank can charge you a fee other banks cannot.</p><p>For instance, California Civil Code section 1428 provides that nobody owes any obligation to another unless it is by a contract, or required by law. Obviously, a third party cashing a check has no contract with the cashing bank. There is no law in California requiring persons to pay fees to banks in order to cash checks.</p><p>If I get a check for $1,000, the bank is ordered by the depositor to give the payee $1,000, not $990, or some other figure convenient for the bank. Essentially, when you pay the fee, you are giving the bank a gift, because you don't owe the money.</p><p>Some class action counsel should get involved with this and sue all the major banks. Surely, some money could shake loose. This is all highway r******, and the banks have been taking us all (willingly) for years. Wishing you all the best out there.</p><p>p.s. - it just occurred to me that the most onerous aspect of this fee is to try to discourage us from becoming accustomed to cashing checks, or having cash instead of electronic funds. Next, it will not be two forms of identification and an unconscionable fee nobody has agreed to but the bank, but we will have to scan our right hand or foreheads in order to buy or sell. This check cashing fee has always been a manifestation of evil moneychangers, and shame on all those who extort it.</p>
jeff_000
Friday, 30 Sep 2016 11:15 PM
<p>What I do is tell them I need a receipt as it is a payment for something and I will either need the receipt to "back charge" THEIR customer the fee and need the receipt to give them a copy, or for a tax write off... Most banks don't want the customer to come back wanting to know what the check cashing fee they got back charged was or a tax issue so they will just wave the fee... Back charging is the best, you take a check from someone in lieu of cash for convenience, BUT, if there is a fee involved for cashing said check it is on the person that wrote it... So basically, the fee can be worked around one way or another...</p>
3ssssCompany
Monday, 12 Sep 2016 9:22 PM
<p>That was my question today when I went to Chase to cash a check from a person. Ughhhh!! Why do I have to pay for her convenience when she (the check writer) owed me money??? Lol. PAYPAL may be putting a crunch on banks. Idk for sure, but I imagine. It's so frustrating. I appreciate your comment. Totally understand. </p>
3ssssCompany
Monday, 12 Sep 2016 9:20 PM
<p>I was just told by a teller at Chase, here in Houston, that the fee is $8.00. This article says $6, so I do not know what the true cost is, but be warned it may be even higher than indicated, herein. </p>
Saturday, 10 Sep 2016 6:58 AM
<p>Actually there is nothing more dangerous than a boardroom full of corporate greed. Think Wells Fargo. Or the bankers that caused the worst financial crisis since the Great Depression when their unchecked greed caused the housing market crash. So work your low paying bank job while your bosses make billions off the backs of those who actually work. And by all means keep reading and spouting inspirational quotes like the one you provided above.</p>
disqus_Oi9NwQbdtK
Friday, 09 Sep 2016 4:29 AM
<p>You're forgetting one thing! Another reason to go to the bank the check is issued under versus your own is to protect your account against bad check fees. I've had friends cash checks by depositing the funds in their personal account and then making purchases as usual and ended up getting overdraft fees as well as bad check fees, the issuer of the check was long gone! So that peace of mind is false hope! Banks given modern convention should be able to immediately assess whether or not funds are available and pay accordingly without fees. If one bank can successfully cash checks without fee, this indicates that this is possible for all of them! Stop defending injustice! Honestly, the amount of time they spend arguing with non customers about insignificant fees is more costly in value than just cashing the check would be. </p>
bryan_hawn
Tuesday, 16 Aug 2016 8:41 PM
<p>Batman you are officially an idiot. The more you talk, the dumber you seem.</p>
disqus_xgo4nrSiSz
Friday, 15 Jul 2016 4:02 PM
<p>Dude, stop trying to analyze me, if I was trolling I would be having fun with this. Do you think this is fun to me? Hell no, this is a headache I deal with everyday and now I'm dealing with it in my down time? This is not fun to me. <br>-I will give you this, on a personal level, I am not in love with non-customer check cashing fees, my point though is that I know how and why they can exist. My real problems though is the attitude and how people are going about "solving" this, they come on line and complain on forums and it does nothing but convince people how "righteous" their cause is. Or worse and more common they come in and yell at me like I can control those fees or like I put them in play personally. And I can't and I didn't, it's how the system is, a system Americans and people of the world have let be built because they don't want to take more responsibility and control by learning more about banking or having a direct hand in it's growth. Because the reality is that once you're in banking you get to see how dirty banking really is. And I don't mean plain old corrupt, I mean how tough it is. You've got time sensitive documentation, daily acts of fraud, mass protection of consumer funds, credit verification, miscommunication errors, ALL of this while you're trying to do right by the customer in front of you so they can get a house or a car to go to work or access to funds you're not 100% certain will clear without errors. -This is the kind of banking consumers deal with day to day, and guys like me who are not paid enough, in a high stressed environment are getting yelled at by the people you're trying to help. This is why customer service is so terrible to have a job in, because you are in a job where you're trying to help people and you are hated for it.<br>Like I've said, I don't much care for non-customer check cashing but it exists, all banks are doing it and if you want to change it then you need to tackle it at a higher level. I listed solutions earlier but basically the only way it will change is if you can get corporate to take a pay cut OR if you manage the banks expense sheets and prove that they do not need the extra revenue, again, the expenses for banking are massive and unseen. It is not free to keep the money in branches, to pay the low level guys like me, to keep the lights on, to cover all the fraud customers we get, etc. Banking is expensive, and that is long before corporate payouts. -But this CAN change, but you need to understand this is not just intentional abuse by banks this is a product of the system society has built, realistically, banking has got more expensive, but yes, because people understand so much less about banking they can get hit with fees though it is legal, because it's always been legal. The only way to change it again, is higher level corporate consideration for the consumer but since banks hold all the cards right now, frankly they are not inclined to care. The only way to change it is for people to learn the system enough to change it from within, banking is too extensive and too integral to everyday lives, there is no other way.</p>
donaldgrahame
Friday, 15 Jul 2016 9:40 AM
<p>You seem to be ignorant of the fact that bank's ability to issue pieces of paper that duplicate the functions of legal currency is not some right that they have: it is conferred on them by the government.</p><p>If they abuse that privilege it could be theoretically withheld. The banks can't do whatever is commercially convenient for them, and never have been able to.</p>
donaldgrahame
Friday, 15 Jul 2016 7:42 AM
<p>Batman, a troll simply reposts an obnoxious idea over and over without listening. You appear to fit in that category, as I quite explicitly observed that banks should charge the person who banks with them any fees they need to: the third party receiving the check has no choice but to employ the bank's services to get their cash ie the receiver of the check generally has no choice to "include a middle man" in the transaction, as you put it.</p><p>Whereas the customer of the bank, who drew the check in the first place, they do have choice: and they are definitely either paying some kind of fees to the bank to have a checking account there, or have a minimum balance which allows the bank to speculate or invest their money and pocket that interest, or probably both, that is how banking works.</p><p>But charging NON-customers fees, just because they can, like I observed earlier, is an abuse of bank's power, position, and their role, and if they don't stop doing it voluntarily, legislation should be put in place to make sure that they don't do it.</p><p>The opinions you expressed here though are a testament to the sort of zombies who all too often seem to work as bank tellers these days in the U.S.</p><p>Banks definitely need to pay their customer service representatives better, to attract a brighter class of people, and for them to be trained to recognize that one of their roles is an ambassador of their bank to non-customers....</p>
disqus_xgo4nrSiSz
Friday, 15 Jul 2016 4:16 AM
<p>Look, I didn't build the national caste system that decides who can and who can't get a checking account somewhere, that being said, if you're a US citizen all you need is a driver's license to open a bank account, anywhere. -If you as an individual writes checks to other individuals without knowing whether they can cash them or not and don't know about an obvious policy all banks have that isn't hidden, how is that solely on the bank? How is that solely the banks fault? You gave the banks your money, for YOU, not other people, for you. At every account opening you sign an agreement with the bank between you and them, it does not include other people being able to take your money out of your account for free, at least not always, because yeah there are a few. So If they want to deal with the bank then there is a price to do it, but if they know they're dealing solely with you, then go cash your check at the bank that keeps your money safe, gives you some form interest, FDIC insurance and ease of access to it and give your customer/clien/whoever the cash back. -Dont include a middle man in your transaction and expect him not to get paid.</p>
donaldgrahame
Thursday, 14 Jul 2016 4:19 PM
<p>Batman, you miss the point. Fees should be charged to the customer who issued the check, I think, not the non-customer trying to cash it. Many poor people don't have access to the banking system, and charging these fees hurts these people disproportionately to the size of the fees. In situations like this, when a business has little incentive to protect a vulnerable group, they can either choose to be socially responsible, or should be forced to by legislation and regulation.</p>
annsolar
Tuesday, 12 Jul 2016 4:59 PM
<p>Thank you for that information.That is exactly what I was trying to find out.</p>
Saturday, 25 Jun 2016 6:22 PM
<p>Batman. Your a real Jack Ass. I see you've been brainwashed. Let me describe what a check is. When a person writes a check to anyone, the amount is written to the penny. Never to be altered by some arbitrary bank policy. Also, if you look at the line where the name of the recipient is, it says " PAY TO THE ORDER ". Meaning the check the bank is written on, is ordered to pay the exact amount. Obviously, insufficient funds, no proper I. D., constitute denial. Sense when is it legal for a bank to alter the amount of any check, because of a policy. Criminal.</p>
Thursday, 16 Jun 2016 2:30 PM
<p>If something doesn't make common sense then to me it's just stupid. I am handed a check for payment. Yet I can't get the whole amount by cashing the check where the person paying me is told that "yes, just give some one a check and we will honor the check".<br>They are just transferring the convenience fee from the person writing the check to me the person receiving payment.</p><p>Isn't it THEIR convenience that they don't have to carry CASH around to pay me instead of JUST writing a check? It's certainly not mine. Just give me my CASH then.</p>
disqus_xgo4nrSiSz
Thursday, 16 Jun 2016 12:03 AM
<p>Seriously, what are you talking about? You're arguing me on public v private banking? Its the same thing to the consumer, the difference doesn't matter at this point. Look, I dont care about being right, I dont care about you being wrong, I'm telling you that this train of thought, this path of action without thought is reckless and careless. You want a bank that doesn't charge fees? I want a better America, and neither one of us is going to get what we want by playing king of the hill. I've dealt with the fees and now I'm working on doing what I can to improve the system, it's almost nothing but it's better than whatever the heck it is you're ranting on. The fees are there, they are not going anywhere anytime soon. If you want them to leave then improve the system because you can't replace it.</p>
disqus_xgo4nrSiSz
Wednesday, 15 Jun 2016 11:43 PM
<p>Banks pay money to the federal reserve to have access to money for their branches. Bankers aren't butlers, they don't serve you and your friends, they serve you, the customer with the account in front of them. And yes, it is a money making ploy. When was the last time you looked at a banks expense sheet? You think branches are free?</p>
disqus_xgo4nrSiSz
Wednesday, 15 Jun 2016 11:32 PM
<p>..... I can't write the F-Word or they'll hold my comments for a month, but what the hell are you talking about? You will never put the fed out of business, and not because of your fantasy nationwide credit union but because you depend on it too much. It's in your wallets, in your stores, in your kids college educations. You, me, our parents, they built this system and their is no way out of it like that without tearing down society and Americans are too lazy to let that happen. -You don't even know how money works, without the fed to manage it for you how will you? -Stop acting like you don't depend on it and acknowledge that you do, otherwise you'll never change the way things are for the better, you'll just be spouting Trump nonsense about magical walls or whatever he is ranting on these days.</p>
libertypole1
Wednesday, 15 Jun 2016 11:24 PM
<p>We don't have to buy anything. All we need to do is put the Fed out of business, print our OWN currency as provided by the constitution and institute a public bank with all profits from interest less salaries to adminster into the public treasury. Billions of income for the texpayers and a pestilential and almost an entire parastic class of society out of business. Win/win.</p>
disqus_xgo4nrSiSz
Wednesday, 15 Jun 2016 11:23 PM
<p>You know the federal reserve is an independent bank right?</p>
disqus_xgo4nrSiSz
Wednesday, 15 Jun 2016 11:19 PM
<p>Is the person cashing the check a customer? What are they giving the bank in exchange for that service? Because the bank is just giving them money, no? Like, just handing some random person money if you take away that fee. -Being a customer means you pay to get something, and if the account holder cashes his check there then yayyyy, the bank has his account so of course they'll cash it no charge, and then he can hand that cash to that person. But if he doesn't want to be there with the person they wrote their check to or have to carry all that cash around then he can let that person cash it and that person will pay for their laziness. -No account is a free meal, you still have to be responsible for how you move and use your money.</p>
disqus_xgo4nrSiSz
Wednesday, 15 Jun 2016 10:54 PM
<p>Some businesses will pay the fee for their employees or for the people they write checks to through an agreement they have with their bank. They do this so customers do not have to face the fees when cashing. This is the only time a non-customer fee is waived. Again, this is a business, they have to make money, just paying people hourly to stand there and cash checks, run the ATM's, handle all that cash, even the lights, COST. MONEY. Banks aren't paid for with your taxes they need to make money to stay open.</p>
disqus_xgo4nrSiSz
Wednesday, 15 Jun 2016 10:47 PM
<p>Evolve or die, bend with the wind or break, business is nature. The universe doesn't give a damn about your morality or conscience, it cares about balance. You want someting then you give to get it. And the old? They should have thought smarter when they were young. You hate my answer? These are hard truths that ignoring does no good, facts are facts. People want the world to baby them, they dont want it to be fair, but the thing is, only a fair world can sustain itself because it will never take more than it can give.</p>
Wednesday, 15 Jun 2016 9:00 PM
<p> Cash is legal tender ...doc,print,federal by the US gov. actually counted physically. No need to handle the transaction or recall twice. Whats so hard about that? No need for 4 individuals getting paid to review,look over,manage...</p><p></p>
gourigurung
Tuesday, 31 May 2016 3:51 PM
<p>Thnx for da information......</p>
SimonMBT
Tuesday, 31 May 2016 3:08 PM
<p>Bankers are often allowed courtesy fee waivers. Does the branch often recognize you for going in to cash checks as a non-customer? The check-cashing fee is put in place to reduce the risk that a check is cashed, but bounces later. If the bank knows you're a familiar face, they might have removed the fee just for you.</p>
ricandersen
Tuesday, 31 May 2016 2:10 AM
<p>As of May 27, 2016, Capital One charges non-customers $7 to cash a Capital One check.</p>
Tuesday, 31 May 2016 12:43 AM
<p>Suntrust isn't free for personal checks any longer, as of 6/6/2016, except for checks under $50, according to my most recent statement. Can't find anything on their website about the change.</p>
gourigurung
Monday, 30 May 2016 4:14 AM
<p>Really????? But mine was free! They never pushed me to open an account with them like Bank of America. </p>
SimonMBT
Thursday, 12 May 2016 3:28 PM
<p>I've reach out to M&amp;T reps and the check-cashing fee for non-customers should be 2% of the check value with a $3 minimum fee.</p>
gourigurung
Wednesday, 11 May 2016 12:14 AM
<p>M&amp;T cash its checks for free. It cashed my paycheck of $1400 twice. I think most of the banks have changed their policies!!! Please update the information.....<br></p>
pattiriccardowatts
Monday, 25 Apr 2016 8:19 PM
<p>When you deposit a check most banks will hold the funds for at least 24 hours or more. If you want the funds available immediately you have to cash it at the bank it was drawn from. That is why the banks know that they can profit off of people who need the funds immediately.</p>
jscotthelwig
Saturday, 23 Apr 2016 6:52 PM
<p>Batman - u missed the point.</p>
disqus_xgo4nrSiSz
Saturday, 23 Apr 2016 3:29 PM
<p>Just open an account somewhere and cash your checks there. Why is that so much of an issue? Who uses cash anymore anyway? None of these policies are hidden and the number of options you have are vast when it comes to using your money. Be better with your money and don't just blame the banks.</p>
dj_books
Wednesday, 20 Apr 2016 7:47 AM
<p>Santander charges a $6.00 fee per check. Smh....crooks.</p>
jolynnkeutzerbales
Thursday, 31 Mar 2016 11:51 PM
<p>I told Huntington bank the same thing today.<br>They charged me TEN dollars to cash my paycheck drawn on their own bank.<br>She said it would be free if I opened an account.<br>I told them that their ridiculous fee is the REASON I will never bank with them.</p>
jolynnkeutzerbales
Thursday, 31 Mar 2016 11:49 PM
<p>What fees does a bank have to pay when they cash a check drawn on their OWN bank??<br>They are not taking time away from their customers when they cash a check from their own bank.<br>They are serving the issuer of that check.</p><p>When I write someone a check from my Chase account, part of the fees I pay to have the account should cover the completion of such transactions.</p><p>It most certainly IS A money-making ploy from the banks. </p>
libertypole1
Thursday, 05 Nov 2015 11:55 PM
<p>ps. my strategy is to publish a list for my clients that states "if your check is from one of these banks, please add the following amount charged by your bank for cashing your check." If enough people do it, the blowback should begin.</p>
libertypole1
Thursday, 05 Nov 2015 11:53 PM
<p>Glad to see I'm not the only disgusted by this blatant theft and money-grab by the banks. That check is a contract between the writer of the check and the person written to. The bank is not entitled to any portion of it. Isn't there some movement or petition under way to protest this with our (owned by the banks) Congress?</p>
Monday, 21 Sep 2015 8:19 PM
<p>This is extortion and nobody is calling the banks out on this blatant violation of our civil rights. A Bank is obliged to make good on the promise of payment made on their checks, a.k.a., a promissory note. If they want to charge their customers a few dollors for writing checks, so be it, but it should never be the responsibility of the recipients of a promised payment to pay an extortion fee before they can receive their money: Or to be blackmailed into opening up an account with their bank. Whether or not you have another bank account or not is totally irrelevant; in fact if you deposit it in you own bank account you are not charged a dime, which implies a prejudice, as well as, extortion. The argument of added costs, which the banks will give you when you question the charge, is one best given to their own customers, not the recipients of payment from their customers who should expect that if they write a check to a person, for what ever reason personal or business, that the check will be honored and paid in full to such person, by their bank without delay or added charges.</p>
Saturday, 08 Aug 2015 9:48 PM
<p>Every business has these issues. I mean what does being underpaid have to do with check cashing fees? Aren't most of us "overworked and underpaid"? </p>
felixgill
Tuesday, 04 Aug 2015 1:57 PM
<p>ALL the banks repaid the money within the 2 yr time period. Many of the banks did not need the money but were forced to take the money because, if everyone did not take it, then those that did would risk looking 'at risk' and cause a collapse. All the banks repaid the money very quickly. While they had the money they were subject to increased federal oversight, and no one wanted that</p>
disqus_jVSv8KHTmd
Tuesday, 21 Jul 2015 8:21 PM
<p>Absence of a law "requiring" a bank to cash a check is not relevant to the legality of a bank charging a fee to redeem a bank's customer's contract "check" to pay X amount to the payee. Look at the whole premise of a "bank". Isn't there an implied contract, if not written, a) between bank and account holders and b) between the payor and payee of a check?</p>
SimonMBT
Tuesday, 21 Jul 2015 7:36 PM
<p>Unfortunately, all of this is legal.</p><p>Here's some context from the Office of the Comptroller of the Currency (OCC):</p><p>There is no federal law or regulation that requires national banks to cash checks for noncustomers. Most banks have policies that allow check cashing services only for customers who have an account with them in order to protect both themselves and their customers from forgeries.</p><p>Also, if a national bank agrees to cash a check for a noncustomer, it may legally charge the presenter a fee.</p><p>Link: <a href="http://disq.us/url?url=http%3A%2F%2Fwww.helpwithmybank.gov%2Fget-answers%2Fbank-accounts%2Fchecks-cashing%2Ffaq-banking-check-cashing-05.html%3AoIKsVFzPI3wSLx_2UB0P1xHwobg&amp;cuid=15643" rel="nofollow noopener" title="http://www.helpwithmybank.gov/get-answers/bank-accounts/checks-cashing/faq-banking-check-cashing-05.html">http://www.helpwithmybank.g...</a></p>
Wednesday, 17 Jun 2015 1:42 PM
<p>The fee that is assessed when cashing a check for a non-account holder can not be simply chalked up to greed of the specific financial institution. Not only are they taking their time away from current account holders to assist these non-account holders, but they are taking a risk by servicing these people that they have very little information on. Not only that, but the bank also incurs a processing fee for each check that they cash out, and that fee is passed on to you if you do not have an account or that fee is covered for you by the institution if you do have an account .</p>
Wednesday, 17 Jun 2015 4:57 AM
<p>Four gotten: good luck with only accepting checks that can be cashed at full value. 8 of the top 10 banks charge a fee for non customers. And how much time would you waste driving around to each bank to cash these checks? You are not forced to go to the drawee bank to cash the check. You know the bank where you have an account will cash/deposit these same checks. <br>I have never went to another bank to cash their checks.</p>
Wednesday, 17 Jun 2015 4:40 AM
<p>Pay to the order of simply means who the bank has to pay. One way to avoid the fee is to deposit/cash the check at where you bank at. No one forces you to cash the check at the drawee bank. If you're afraid that the check isn't "good", don't accept checks. Ask for cash. </p>
Tuesday, 19 May 2015 6:55 PM
<p>right.. Whats total complete bank stinky is when I received a personal check <br>from a business (clark public utilities) and their bank is U.S. Bank. So<br> I go to a U.S. Bank branch to cash the check and they told me their <br>would be a $7 charge. I asked why, they said it's because they are <br>performing a service. Outraged I said they are attempting to perform a <br>disservice. They said I could become a customer, I responded that I feel<br> they are greedy and their clients intention is to see that I'm <br>reimbursed. Over $7 they have lost me as a potential customer for life. <br>Shame on you U.S. Bank @Jan Estep #TeriCharestHasAPublicRelationsProblem.<br> I went one block up the road to Fred Meyer and they cashed that U.S. <br>Bank check for only $3.</p>
Tuesday, 19 May 2015 6:55 PM
<p>Whats total complete bank stinky is when I received a personal check from a business (clark public utilities) and their bank is U.S. Bank. So I go to a U.S. Bank branch to cash the check and they told me their would be a $7 charge. I asked why, they said it's because they are performing a service. Outraged I said they are attempting to perform a disservice. They said I could become a customer, I responded that I feel they are greedy and their clients intention is to see that I'm reimbursed. Over $7 they have lost me as a potential customer for life. Shame on you U.S. Bank @Jan Estep #TeriCharestHasAPublicRelationsProblem. I went one block up the road to Fred Meyer and they cashed that U.S. Bank check for only $3.</p>
disqus_CEWR0U0LGy
Monday, 18 May 2015 2:48 PM
<p>when the goverment bailed out the banks with tax payer money,we the people would never get that kind of help. Most of them didn't pay this money back.</p>
jeffzerangue
Saturday, 02 May 2015 4:47 AM
<p>know how you feel.. we don't have to take that. If everyone would take a stand on this and everything else the democrats are trying to shove down our throats we could take America back. thanks for your stand.</p>
Saturday, 02 May 2015 3:17 AM
<p>Are you sure there is no fine print in the acount paperwork that will cost you something for that account closure? And also are you sure the bank did properly close the account and won'the be running up monthly and other fees to eventually send you a bill? If so that is a great way for now but they will almost certainly change fine print so that can'take be done for free anymore if many people do that. I thought of that after I had the problem with Chase wanting to take $6 for cashing their check to me, but I don't trust them nor want to read all their fine print to see if it would be expensive, I am glad you did it as long as Chase doesn't get to charge you for it.</p>
kmydean2
Friday, 01 May 2015 7:08 PM
<p>I was in TD Canada Trust Bank in Truro, NS this morning at 8.58AM. The doors are supposed to open at 9 am, and the tellers are supposed to be at their counters by that time. The door opened at 9.04 am and only one commercial teller available, a minute after another teller opens the counter and three minutes after the third one. When ten customers are waiting outside the gate and the tellers inside are catching up gossip about their under paid job, why cant the management do some thing about it???? The managers are just the puppets of the top ranking officials, who earn millions in salry, bonuses and dividends. LET US GET REAL</p>
kmydean2
Friday, 01 May 2015 6:21 PM
<p>Banking in Canada have changed tremendously. I was a bank manager about 40 years ago, the days we used ledgers to post the transactions. Bank officials were paid a decent salary comparing the government employees in my time. Now the banks are raking in Billions of dollars profits and scrounging the unfortunate customers left and right. Say for example, 40 years ago Royal Bank used to have an account called Royal Certified Service, and later as Key account, where you pay a fee of $1.50 a month for unlimited transactions, write unlimited amount of cheques, Order cheques for free etc. etc... Those days are gone.<br>In recent months, I came to understand that I am not allowed to bring in a cheque to My credit union Bank for cashing. They give you a withdrawl slip to fill in for cash. I happened to go to TD Canada Trust this morning to cash a cheque that was sent to me by one of my tenants for rent. With the past experiences with the tenant, I decided to go to his own Bank, the TD Canada Trust in Truro, NS. Since I did not have an account there, they refused to cash the cheque. Certain banks would cash a cheque if you pay a prescribed fee for third party cheques for cashing. But TD Canada trust flatly refused to do so. I asked the teller to certify that cheque (which involves a fee,ofcourse). Unfortunately, the writer of the cheque Larry H, did not have money in the bank to honour the cheque since he had already withdrew his pay cheque night before.<br>Is this 21st Century only for Banks and financial institutions? Canadian Governments allow the Top executives to draw bonuses and dividends in the Millions?<br>I happened to be an advocate on Income taxes. I had approached the Government of Canada to reduce the capital Gains tax from 75% to 50% during the John Cretchien Era, when Hon.Paul Martin was the Finance Minister. My pleading to save hundreds of Fisherman in the maritime Region, who were un educated and did not have any idea of Capital Gain Taxes, lost their lively hood by selling the boats and licenses and gear to the government to Help start business for the First nation across the maritimes. My reasons were handled properly by the Finance Minister and granted shelter to the millions people today in regard to Capital Gain Taxes.</p><p>Is it not time that, we Canadians voice our opinions for a better life? We would like to see the banking mal-practices. LET OUR VOICES BE HEARD !!!!!!</p>
CRC60
Wednesday, 15 Apr 2015 3:14 AM
<p>A check is not a payment, it is a promise to pay. That means cashing them too. Until payment is fully rendered the obligation is not fulfilled and thus the promise is broken leaving a debt, and possibly a mechanics lien, against the check writer.</p><p>It's not like accepting a credit card where the recipient does expect to pay a use fee.</p><p>The check cashing fee has everything to do with the check writer.</p>
Wednesday, 15 Apr 2015 1:13 AM
<p>What does the check maker have to do with it? You made the decision to go to the bank where the check is drawn on.</p><p>I encountered a similar scenario back when I worked in bank. I serviced a non-customer who presented a check for cash. He apparently did some home repairs for the check maker (customer). I informed of him about the fee and he became incensed. He said he had more work to do for the person and said he'll make sure to ask the person to add an extra $10 to the next check. If that guy did work for me and asked me for an extra $10 to cover a check cashing fee, I'd tell him I'll find another repairman and then pay him for the services he provided, minus the extra $10. The check cashing fee has nothing to do with me.</p><p>Go to your bank and deposit it. If someone writes me a check, I'll take it to my bank because 1) I like my bank, and 2) I don't want someone trying to talk me into opening an account, and 3) I don't want to pay a fee.</p><p>Some banks provide provisional credit (i.e. first $100 immediately available) on check deposits these days if you deposit them through an ATM. The rest is usually available next business day if the deposit is made by 8 PM (extended cutoff time) Mon - Fri.</p>
SimonMBT
Tuesday, 14 Apr 2015 2:15 PM
<p>Well, that's one way to do it... You did that all in one visit? How long did that take?</p>
SimonMBT
Friday, 27 Mar 2015 5:24 PM
<p>With no real law governing whether or not banks can charge a fee for non-customers to cash a check, banks can do as they please.</p>
disqus_K6as5yyosn
Friday, 27 Mar 2015 4:36 PM
<p>What happened to Pay to the order of???? That legally has not FEE Attached. IT JUST SAYS PAY!</p>
Tuesday, 03 Mar 2015 8:17 PM
<p>This information is outdated.<br>Bank of American has joined the band of thieves that now charge people to cash a check drawn on their own customer's account.</p>
disqus_44VQhQCBdF
Saturday, 28 Feb 2015 1:18 AM
<p>I plan to start A company with a cap on both ends, (of the wages) if its still legal when I've finished college.<br></p>
disqus_0qIDK1Oare
Thursday, 26 Feb 2015 12:41 PM
<p>That's a great story, however, these fees aren't going to the tellers... they are going to the pockets of the people who continually exploit their tellers. In summary, the banks can still go screw themselves.</p>
Wednesday, 25 Feb 2015 3:45 PM
<p>Sadly, many of the articles written on this topic espouse the idea, as does this one, that we should just bend over and take it or work around it.</p><p>We need to stop this.</p><p>We need to force banks to pay up on the drafts written against accounts that they hold.</p><p>They are making money from the bank fees that they charge their customers.</p><p>They are making money from the investments that they make using the money that they hold in trust for their customers.</p><p>The only way that we can force this to stop is to stop accepting checks from banks which charge these fees.</p><p>Those of us who own businesses need to make it publicly clear that we will no longer accept checks from these financial institutions, and the reason why.</p><p>Those of us who work for businesses or do business with people who bank with these institutions must demand other forms of payment. Checks from these institutions are no longer payment in full - they are partial payment if they cannot be redeemed for full face value.</p><p>If they are only partial payment, then they are worthless.</p><p>We have the power to fix this, if we take action to do so.</p><p>Sadly, there so much advice about how to work around it or suggestion that that's just the way that it is, that people won't fight it.</p><p>My business, Eating Oregon LLC no longer accepts checks from any bank that I cannot walk into and receive full payment of the face value of that check. The list begins with Bank of America.</p>
Monday, 23 Feb 2015 6:15 PM
<p>Can't believe this just happened. What made it worse was the teller asked me if I was interested in opening an account at Wells Fargo and I responded that my husband and I moved our account to a local credit union due to the fees. When she said it would cost me $7.50 to cash a reimbursement check by one of their business accounts, I started to laugh at why I changed to a credit union. She went on further to blame the fee on the business who wrote the reimbursement check explaining that they had decided not to pay the fee rather than it is due to Wells Fargo standard fee policy!</p>
bogifarkas
Monday, 26 Jan 2015 10:32 PM
<p>Could anybody help me? Can a foreign citizen cash a check, if he/she is just a visitor in US (under the terms of visa waiver program)? Do banks accept foreign identification documents?</p>
Monday, 26 Jan 2015 9:57 PM
<p>Bank of America does charge. I went there today and they had a $6 fee to cash my paycheck. </p>
Wednesday, 21 Jan 2015 2:31 PM
<p>I understand that some people disagree with this and are applaud by it. You need to understand that the people that work in the branches, tellers, CSR's, managers are very underpaid. Yes, the banking industry makes billions but it is only for those people higher up. When people in the lower levels are constantly berated by those who do not want to pay those fees it is stressful and scary. They deal with the constant stress of possible being robbed, being faced with fake checks and money, dealing with people who verbally and sometimes physically assault them, listening to stories of people with little to no money or people with hundreds of thousands who get angry of paying $5 fees, and people who refuse to show their ID's expecting everyone to know them based on their time as customers. Remember, please be respectful lower level banking deals with a lot of unnecessary stress.</p>
Friday, 16 Jan 2015 5:01 AM
<p>Where it says <br>"I'm in there every year depositing money" it should say every month" I'm so p'd off I can't even type.</p>
Friday, 16 Jan 2015 4:59 AM
<p>Tioga State Bank in Candor, NY charges $10 to cash a bank. Thing is it may be "legal" but they have lost my families, friends and business accounts due to it. I've been using that bank for 20+ yrs.<br>I'm in there every year depositing money into my parents account for them. <br>I know most of the employees there by first name. Today there was a new woman and she not only was rude to me, she was also rude to the the party that wrote the check. Going as far as answering thier concerns with saying "we are not a check cashing business.<br>Whether legal or not you would think they would treat a local family who loyally used their bank better. They may have saved themself $10 but the lost accounts are going to cost them more than they know. I've got a big mouth and since I've got nothing better to do, I plan on putting signs about their "policy and my treatment" in my windows and parking right outside their door. Which is on Main Street in a town with only 2 roads in/out.<br>Enjoy the view TSB, I plan on letting as many people <br>i can (or see) just how badly they can expect to be treated.</p>
laurenpoper
Thursday, 15 Jan 2015 10:58 PM
<p>This list says Bank of America doesn't impose a fee for non-customers to cash a check. The branch here in Putnam, CT has been charging $6 for several years. </p>
disqus_bPm1Gz51PL
Monday, 29 Dec 2014 7:19 AM
<p>"They"? You mean the banker billionaires. Do you realize that they are exploiting us? They love people like you who say things like "they gotta make the money somehow" Dam you are pitifully naive</p>
disqus_bPm1Gz51PL
Monday, 29 Dec 2014 7:18 AM
<p>Most banks refuse to cash a check if you are not a customer. With all the scanning technology in place at banks anyone anywhere should be able to cash a check whether they are a customer or not. Since you aren't a customer the bank wants to seize the opportunity to exploit you just like they do their retail banking customers who do have accounts.</p>
CRC60
Thursday, 11 Dec 2014 2:25 AM
<p>Yes so the check writer must pay the fees. As far as I'm concerned, until and unless the entire debt is payed, that fee is a collectable against the company who wrote the check.</p>
CRC60
Thursday, 11 Dec 2014 2:23 AM
<p>I would simply go the the business that wrote me the check and demand the shortage. When they say no, off to small claims I go. I have to wonder if this hasn't been adjudicated before.</p>
disqus_s3ip3wU1Hi
Friday, 14 Nov 2014 7:00 AM
<p>Isn't it a basic bank law, that the issuing bank has to honor a check from itself, when that check is presented to it? <br>This used to be a basic law.<br>There was nothing about taking out money from the check, there were no fees mentioned in this law.<br>It is the duty of the bank to honor its own checks, and cash them at full value.<br>Another gripe I have, is, BOA wanted a fingerprint when I cashed my paycheck with them today.<br>I am not a criminal, I do not like giving anyone my fingerprint.<br>BOA also insisted I give them my SSN.<br>But BOA is not the SSA; in California at least, there are laws about not having to demand someone's SSN.<br>That number was never intended to be a national ID number, and a few years ago, that statement was still printed on all SSN cards. WHen FDR passed the act, the Republicans wisely insisted that it never be a national ID.<br>National ID's are for East Germany and banana republics; they are not for real democracies. 1984.<br>Ah well, how liberty and banking have declined in the USA!</p>
cannabisisnotevil
Saturday, 08 Nov 2014 6:36 PM
<p>Bank of America wont' even cash my paychecks anymore. They're business checks written on a BofA account with plenty of money to cover the funds. They refuse to cash the check unless I make an account - which I refuse to do. Now I have no choice but to deposit it in my Wells Fargo account. F- BofA anyway - they're the worst bank ever</p>
Tuesday, 28 Oct 2014 4:20 PM
<p>The fees are ridiculous! PNC Bank wanted to charge me $30 to cash $150 worth of paychecks! I expect a small fee or percentage but not something so outrageous. I do not have an account at their bank or any other bank due to the astronomical fees which I currently can not afford. I recently lost my full time job and have only been working part time for the past several months. I struggle enough without having to pay to cash my meager paycheck. I tried explaining my situation to the representative but they just got snotty. I have truly had it with banks.</p>
rafcallas
Thursday, 02 Oct 2014 2:50 PM
<p>They gotta make their money somehow. Sadly, it's through unnecessary fees.</p>
katherinemuniz
Friday, 27 Jun 2014 2:24 PM
<p>Hi there! Yes, they do - cash your personal checks away to your heart's content!</p>

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