US Legal Forms
Legal Resources
Questions & Answers
Banking laws
Can a bank charge of fee to cash a check drawn on that bank if person cashing does not have account?

Can a bank charge of fee to cash a check drawn on that bank if person cashing does not have account?

Full question:

If a check is presented at the bank on which the check is drawn, can the bank refuse to cash it unless the holder pays a fee to the bank? I can understand a fee if the check is drawn on a different bank, but I thought a negotiable instrument was an unconditional order to pay a specific sum of money to the person specified or to the bearer when presented. (The bank had no problems with the checks themselves, and in fact cashed them without the fee when I made them payable to my spouse who has an account with the bank). (BTW, my "state" is the US Commonwealth of the Northern Mariana Islands--CNMI).

Category: Banking laws
Date: 04/07/2025
State: Colorado

Answer:

Yes, a bank is allowed to charge non-customers a fee to cash a check.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

Will banks cash checks for free?

Whether a bank will cash a check for free depends on its policies. Generally, banks may charge a fee for cashing checks, especially for non-customers. Customers with accounts at the bank are more likely to cash checks without incurring a fee.

What check is a check that is accepted at the bank at which it is drawn?

Can you cash a check at the bank it was drawn on?

Can banks charge a fee to cash a check?

Can a bank refuse to cash a check drawn on their bank?

Can a bank charge you a fee to cash a check drawn on their bank?

Find a legal form that suits your needs

Browse our library of 85,000+ state-specific legal templates.

This field is required

Are there any time limits to cashing a certified check in Texas?

Can the bank keep a check that I tried to cash if I owe them money?

When I issue a business check to an individual, can I require that he endorse it by his signature?

What does a Power of Attorney allow me to do?

How Do I Collect on a Bad Check?

Can the check company sue me for my stop payment since they paid the check before hand?

What is the definition of Holder in Due Course in New York?

What is My Liability for Payment if a Check is Cashed Despite a Stop Order?

Can a person cash a check made payable to a business in Missouri?

I used to pay my rent in cash, now my landlord wants the rent via check.