smackdown
brussels,#2Consumer Comment
Fri, July 29, 2011
ror #756027
Flynrider
Phoenix,#3Consumer Comment
Thu, July 21, 2011
"There should be no fee and any reputable bank will not charge such a fee. Regions is just ripping people off with those charges."
Not sure what you consider a "reputable bank", but charging a fee to a non-customer for cashing a check is common at most major banks and many smaller ones. Most of the larger multi-state banks have been doing it for years.
The fee can be avoided by cashing the check at a bank where you have an account.
The explanation about the Federal Reserve charge is bogus. Sounds like the typical BS you get from a bank teller when they don't know the real answer to the question.
Mark
clarksville,#4Consumer Comment
Thu, July 21, 2011
Most banks will charge a fee to cash a check for a non customer if the check is not written on their bank. However, if the check was written on a customer's account, then it should not matter if the person cashing the check has an account there or not. There should be no fee and any reputable bank will not charge such a fee. Regions is just ripping people off with those charges.
Robert
Irvine,#5Consumer Comment
Sat, May 07, 2011
You are not their customer. Now you can avoid this fee by opening up an account with them or cashing it at YOUR bank.
As for the person who gave you a $170 check. Why not just have her give you the cash? It also seems odd that a person with over 200k needs a 40k loan. But if she does transfer her accounts I hope she checks their policies as well on this. She may have a problem finding a bank that doesn't charge fees to non-customers.
The Federal Reserve requirement is a new one. So I think you mis heard it. But if you didn't and they gave you something in writing I hope you scan and post it here.