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#1259201 - 09/30/09 03:26 PM Cashing government checks for non-customers
msboo Offline
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Joined: May 2006
Posts: 260
Is there a reg that says we can't cash US Treas, Social Security, and state unemployment checks for non-customers? I seemed to remember in the past, this was termed 'a basic banking service and was prohibited....Also if there is no reg, can we charge a fee to cash these types of checks.

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#1260048 - 10/01/09 03:35 PM Re: Cashing government checks for non-customers msboo
David Dickinson Online
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David Dickinson
Joined: Nov 2000
Posts: 18,763
Central City, NE
Not that I am aware of. You may want to check with state law. You are free to charge a fee.
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#1260265 - 10/01/09 06:49 PM Re: Cashing government checks for non-customers David Dickinson
morirse de risa Offline
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Posts: 238
Midwest
My bank is under the assumption that we cannot charge for any government checks, regardless if they are a customer or not. It would be wonderful if we could charge.

Could someone direct me to where it states we can do this? Any help would be much appreciated.

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#1260351 - 10/01/09 07:56 PM Re: Cashing government checks for non-customers morirse de risa
Skittles Online
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TN
I don't believe you will find where it states you 'can' do this. What you won't find is where it states you 'can't' do this.
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#1260379 - 10/01/09 08:09 PM Re: Cashing government checks for non-customers Skittles
morirse de risa Offline
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Posts: 238
Midwest
OK thanks.

How about state checks? My bank assumes we cannot charge for cashing state checks since we accept state deposits. Is this correct? Where could I find this stated?

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#1260425 - 10/01/09 08:49 PM Re: Cashing government checks for non-customers morirse de risa
Skittles Online
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TN
That would be in your state regulations.
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#1260484 - 10/01/09 09:43 PM Re: Cashing government checks for non-customers Skittles
David Dickinson Online
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David Dickinson
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Central City, NE
Nebraska has a guidance that "discourages" banks from charging fees on any state municipality. As Duchess stated, check your state regulations.
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#1260926 - 10/02/09 04:23 PM Re: Cashing government checks for non-customers David Dickinson
morirse de risa Offline
100 Club
Joined: Feb 2009
Posts: 238
Midwest
Thanks everyone for the input!

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