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#787845 - 08/02/07 03:26 PM Cashing Fed/State checks
SmallTownGirl Offline
Member
Joined: Jan 2006
Posts: 76
I noticed in the Info Vault that there is no federal requirement that we cash Fed (or State) checks for non-customers. Does anyone know if there is a Michigan regulation requiring that we do so? Anything to prohibit us charging a fee for cashing them?

Thanks.

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#845436 - 10/30/07 05:22 PM Re: Cashing Fed/State checks SmallTownGirl
TheBanker Offline
New Poster
TheBanker
Joined: Oct 2007
Posts: 10
Michigan
I can't say for sure about state law, but our bank's policy has been we don't cash any on-them check, government or not, for non-customers.
Last edited by TheBanker; 10/30/07 05:22 PM.
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