What Are Some Places That Cash Personal Checks?
Quick Answer
Places that cash personal checks include banks, check-cashing businesses, convenience stores and supermarket chains. The ideal place is either the bank of the recipient or the bank of the person who wrote the check (the bank where the money comes from). There will most likely be no fees charged if check recipients go to their own banks, but fees are likelier at the bank of the check writer.
Continue ReadingFull Answer
Possible fees aside, if a recipient goes to the bank listed on the check, it is more likely that the entire amount can be immediately available. This is because the bank has a direct connection to the account from which the money is withdrawn. If the bank charges a fee, it may try to get the recipient to open an account there in order to bypass the charge. When recipients go to their own banks, they may only have immediate access to part of the funds and may need to wait several days for the rest.
Check-cashing stores often charge fees that are a percentage of the check, and some may charge a fee in addition to a flat rate. Many big-name retailers offer check cashing, and their fees are usually lower than those at check-cashing stores.
Learn more about Personal BankingRelated Questions
-
Q:
How Long Is an Uncashed Personal Check Valid?
A: Most checks are not subject to a predetermined expiration date, but the Universal Commercial Code gives banks the option to refuse checks that were written... Full Answer >Filed Under: -
Q:
Can You Order Personal Checks From COMDATA?
A: COMDATA does not offer personal checks or business checks.They are specifically known for helping businesses switch over to all electronic finances. Full Answer >Filed Under: -
Q:
Does Walmart Cash Checks?
A: Most Walmart stores cash some government-issued checks, MoneyGram money orders and payroll checks. The store will cash checks up to $5,000. Full Answer >Filed Under: -
Q:
What Forms of Payment Can Be Used at Menards?
A: Menards stores accept cash, checks, credit and debit cards, and Menards gift cards as forms of payment. Rebates earned by shopping at Menards are also rede... Full Answer >Filed Under:
You May Also Like
-
Q:
What Are Some of the Major Banks in Houston, Texas?
-
Q:
What Are Some Good Places to Get Consumer Reviews?
-
Q:
How Do You Pay Your Macy's Bill Online?
-
Q:
What Are Ways to Perform a Green Dot Money Transfer?
-
Q:
Where Are the Best Places to Find Harbor Breeze Fan Parts?
-
Q:
Does the Walmart Website Feature Online Money Transfers?
