Anyone here withdraw via Fed Ex check, and cash the checks at a local check cashing place? I know you can just deposit the check into the bank...but I live in a small town, and have many family friends and such that work at our bank. I really dont want to be deposit these random checks there in case I have to answer any questions and things like that (it would just be kind of awkward)... I really don't mind paying the 3% or whatever it is to cash these at the check cashing place..Im just wondering if they take them, and what peoples opinions are on here that have done it.
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Deposit it at an ATM. I doubt if a check cashing joint will do it.Comment -
those checks are bank check. have to be done with the bank.Comment -
Some check cashing joints would take itComment -
But I usually take it to my bank. It be from a Canadian bankComment -
But you'll get it cashedComment -
just make sure you are careful to get the checks for < $10K.. anything over $10K the bank is required to fill out some info for the IRSOriginally posted by OneLossParlayGuyComment -
not sure about american banks, but in canada atm deposits go to a central processing location so no one you know will see it , but i agree with you that paying three % is better than going through the hassle of dealing with some of those death stares the banks give you, like you are selling drugs to 9 year oldsComment -
you can cash it a cash checking places, no problem at all, as long as they can verify the check. Most checks are cut by processors in the US anyways, so it should not be a problem.Comment -
Is there really no other bank within driving distance that you could use? Seems like a 2nd bank account would solve your problem.Comment -
Sounds to me like at some point, somebody went overdrawn and still owes.
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I have done it without a problem.Comment -
There is one about 15-20 minutes away, I have also thought of this.Originally posted by John DoughComment -
Originally posted by RichkasSounds to me like at some point, somebody went overdrawn and still owes.
not the case at all. but funny nonetheless
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I too am living in a small town and all the tellers know me and talk about all kinds of things when I come in. When I first started depositing the checks I got asked a couple of times, but I said they were from Ebay. I played it up, like how great Ebay is and if they ever sold anything and just stuff like that. However, that worked for smaller checks, when I was depositing a $3000 check once, a teller said wow, that must have been some Ebay sale. I laughed and said, "I wish, no this is from freelance code writing for some new website. I never knew I could be hired as a freelance code writer in a foreign country so easily. It is so exciting!" Anyway, now, I am never asked about them and as an added bonus, they will call the agent on the check and confirm funds and I will get the money available the next day. Gotta love small town service.Originally posted by OneLossParlayGuy
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not a good idea they esp dont want to take a chance on checks like these because it takes time to clear its not like cashing a payroll check...ur bank should clear it pretty easilyComment -
I would go that route if you're comfortable with it.Originally posted by OneLossParlayGuyComment -
if its a small amount, it shouldnt be an issue.Comment -
anything over 1 k in canada has to be a certified check or bankdraft or you will have a hard time cashing them. I tried to cash one at moneymart who I have done 200k in checks last year alone for my business and they would not do it. So I took it to a cash money who i also have done lots of business with and they did it for me as a favour but stated if it bounces I gotta come down and pay the tab. Good LuckComment -
Deposit it at your bank and if a teller asks where the check is from tell them it's none of their business.Comment -
I could not cash a canadian processor check in a state that borders Canada. I had to deposit it in my bank, not happy with that option, but no check cashing place would do itComment -
check cashing will cash it up to a certain amountComment -
Some check cashing place wont accept do to the fear of losing money.Comment
