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Can a bank charge a non-account holder a fee to cash a check that is drawn on another financial institution?

April 26, 2017Bank cash charge drawn fee financial institution non-account

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Can a bank charge a non-account holder a fee to cash a check that is drawn on another financial institution?

1 Answer

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10 Posted

In Colorado, banks are not obligated to cash a check for non-account holders and are allowed to charge a fee for this service.