Check cashing fees
Date: Sat, 09/25/2010 - 19:55
Anyone know how much places like checkngo and check in to cash charge to cash checks. I have a large sum check I got from insurance that i need to cash but have no checking account due to not being able to get one . Was wondering how much ill get dinged to cash this (over 10k). Its from bank of america and I dont have any branches here where i live.
Can you do to a bank and open a savings account? Or have someon
Can you do to a bank and open a savings account? Or have someone else deposit it and cash it for you? It is not likely that a check cashing place is going to cash a check that large.
You are probably looking at atleast 2% and lots of hoops if they
You are probably looking at atleast 2% and lots of hoops if they will even touch it. I would suggest that you deposit it in your current or new account to save the fee and for security purposes. You do not need the be walking around with 10K+.
