If you can't cash a check for all of its value, you may need to deposit it. Check Cashing Services at Retail Stores . Below, we’ve compiled the list of banks and credit unions that will cash large checks for both account holders and non-customers. As above, we’ve ordered the list below starting with the best overall options. Give the teller your name and proper identification if you are asked. Answered, 38 Grocery Stores That Cash Checks: Personal, Payroll, Insurance, etc, Where Can I Cash a Cashier’s Check? I have DEPOSITED, not cashed, checks for much higher than that. So, if the check has Wells Fargo listed as its maker, you can often cash it by going into any Wells Fargo branch location. There are a number of big retail stores like Kmart, Walmart and grocery … 7-Eleven, for example, charges .99% of the check amount at its kiosk. Well, alot of banks here wont do 3rd party checks...luckily, it seems Citibank does, so I will use my account there to cash his checks for now...as per Chex...I dunno how to check if he is listed in there. Cashing with Other Banks, Businesses, or People Visit the bank that issued the check. It may depend on each individual branch and how much cash is available at the time of your request. 18 Options Detailed, 24-Hour Check Cashing Nearby: 25 Places Listed, 27 Check Cashing Places Open on Sunday + Hours, Fees, Limits, etc, How Do Banks/Check Cashing Places Verify Checks? This can cost less that doing the same thing at a bank you don't hold an account with, or at a cash-checking service. Request that the business issuing the large check deposit the funds directly into your bank account via wire transfer. "It costs too much money to convert a paper check into cash. Answered, Free for Citibank checks up to $5,000, then variable, Non-Citibank checks may be cashed at the bank's discretion, Non-HSBC checks may be cashed at the bank's discretion, $7.50 (free for government and cashier's checks), $7 for SunTrust checks; 1% to 3% for all others, Chartway-issued checks and business checks, Non-M&T checks may be cashed at the bank's discretion, Non-First National checks may be cashed at the bank's discretion, $3 for checks up to $3,000, then variable. KeyBank Plus Centers: 1.5% of the total check amount, Payroll and government: 1% to 2.99% of total check amount; minimum $3 for payroll and $2 for government checks, Money orders and personal checks: 10% of total check amount; minimum $5, All other checks: 1% to 5% of total check amount; minimum $5, Fifth Third Bank customer service (800) 972-3030, Bank of the West customer service (800) 488-2265, Citizens Bank customer service (800) 922-9999, Chase Bank customer service (800) 935-9935, Bank of America customer service (800) 432-1000, PenFed Credit Union customer service (800) 247-5626, Mountain America Credit Union (800) 748-4302, BMO Harris customer service (888) 340-2265. The majority of check cashing stores will cash large checks. How to cash a large check without a bank account. I have DEPOSITED, not cashed, checks for much higher than that. You can cash your paycheck, government and tax refund, two-party, insurance and cashier’s checks, according to the company’s website. Warnings. Grocery stores are hit-and-miss with check cashing services. See our related research for more on Kroger’s check cashing policy. However, banks will cash checks payable to an individual, but high-dollar checks require extra planning on the part of the payee. Fees on check cashing services aren’t listed directly on their website. You can try cashing the check at the issuing bank if you need access to the money quickly. You cannot walk into your bank or the bank the check was drawn on and simply be handed the money. How fast you can access the cash, in this case, depends on what kind of deposit you make. Expect to pay a fee, though. You have nothing to fear by depositing a large check to your bank account. The fees for the account holders’ is 1.5% of the check amount and the fees for those without an account is 2.5%. Last Reviewed: October 2020. Find out more in our dedicated research on Chase Bank’s check cashing policies. Steps must first be taken to prepare the money, validate the check and verify your identity before you can get the cash. Answered, Can You Cash a Check at Any Bank? Why Check Cashing is Better with ACE Convenient check cashing near you. Cash it at the issuing bank (this is the bank name that is pre-printed on the check) Cash a check at a retailer that cashes checks (discount department store, grocery stores, etc.) Check Cashing. These stores charge the highest check cashing fees. If you are expecting a large check, there are a few things you may be able to do before receiving to avoid having a hold placed on the funds: See the table below for a brief explanation of the fees and restrictions at each place that will cash large checks without placing a hold on the funds. Cash a check at a retailer that cashes checks (discount department store, grocery stores, etc.) The Check Cashing Store is available to Floridians only at the moment. In most cases you can cash a check at the bank the check was issued by. Unlike money orders, you can only get a cashier’s check from a bank or credit union. It would be very dangerous for you to insist on CASHING that check anywhere but the issuing bank. Fees to cash a check can range from 1 percent to 12 percent of the face value of the check. The bank or credit union that issued the check will typically cash large checks, though there is usually a fee involved. For example, you can use a cashier’s check for the down payment on … How to Cash Large Checks Call Ahead. Visit the issuing bank. They usually cap the amount of personal checks they'll cash at $50 or $100; Kmart is unique in that it lets you cash personal checks up to $500, and charges no fee at all in some states and only a dollar in others. In some cases, a bank may consider making exceptions for long-term customers who are cashing checks from established companies or institutions, such as U.S. Treasury checks, insurance checks, or checks issued directly by other banks. Pick Up a Payroll Debit Card. Check cashing at a retailer. You won't have to wait days for the check to clear or tie up your funds in the meantime. Walmart, for example, charges a $4 fee to cash checks … You have the right to withdraw any amount of cash from your bank account. Because of this regulation, you may be able to get the funds from a large check faster by cashing it at the issuing bank, rather than your own bank (unless you have an account at the issuing bank). Traveler's checks are not popular today, but they are still available and a perfectly valid form of currency. The fees might be small, but they add up. Available Loans; FAQs; Rates & Terms; Locations; 1-888-333-1360; 1-855-734-0111 (Español) Sign In; Apply Now; Security Center; Get Instant Funding to your Debit Card †! 26 Places (& How to Cash Online), Where Can I Cash a Check on Saturday? If the bank doesn't offer check-cashing services and it's a large check, consider asking the person to give you a money order or a cashier's check instead. Cash the check at a check-cashing store ; Deposit at an ATM onto a pre-paid card account or checkless debit card account; All of these options will have fees and may be time-consuming. 15. (usually 1% for … Michelle Varsallona started writing professionally in 2009. Big-box stores, grocery stores, and convenience stores often cash checks for a modest fee—usually a couple of dollars. The government keeps track of large deposits in order to monitor where that money ends up. With over 5,000... 3. However, if you deposit the $6,000 KeyBank check at Wells Fargo, you’ll have $200 available the next business day and the remaining funds may take up to six more business days (for a total of seven) to clear. If you don't have a bank account and you need to cash a large check, you may have to... Be … However, they do charge high fees (they can be as high as 10%), which is why this should only be an option if all else fails. Double-check the cash by recounting it in front of the teller. However, you can cash a large check without dealing a hold at some banks, check cashing stores, and grocery stores. Friendly Check Cashing (North Carolina), https://www.federalreserve.gov/Pubs/RegCC/regcc.htm, https://www.federalreserve.gov/boarddocs/supmanual/cch/efaa.pdf, https://www.pnc.com/content/dam/pnc-com/pdf/personal/Checking/service-charges-standard-checking-A.pdf, https://online.citi.com/US/banking/checking/citi.action?ID=basic-banking-account, https://www.key.com/personal/checking/key-bank-plus-check-cashing.jspCashing, https://www.bankofthewest.com/personal-banking/checking-accounts.html, http://www.tdbank.com/tdhelps/default.aspx/how-much-do-you-charge-a-fee-for-non-customer-check-cashing/v/39014717/, https://www.suntrust.com/personal-banking/additional-services/check-cashing, https://www.bankofamerica.com/help/faq-financial-center.go, https://www.connexuscu.org/wp-content/uploads/2017/06/Connexus-Account-Information.pdf, https://www.regions.com/personal_banking/now_banking_check_cashing.rf, https://www.chartway.com/connect/member-help.html, https://www.firstnational.com/common/iws/pdf/deposit_agreement.pdf, https://www.acecashexpress.com/check-cashing, https://checkintocash.com/store-services/check-cashing/, https://pls247.com/tx/money/check-cashing.html, http://www.unitedcheckcashing.com/check-cashing, https://www.checkngo.com/resources/faq/check-cashing/, https://www.cfsc.com/services/check-cashing/, https://www.speedycash.com/check-cashing/, http://www.mrpayroll.com/Customer/CustomerFAQ.aspx, https://www.usacheckcashingstore.com/check-cashing, https://www.thecheckcashingstore.com/check-cashing, http://friendlycheck.com/products-services/check-cashing/, https://www.af247.com/services/check-cashing, https://www.payomatic.com/products/check-cashing, https://www.heb.com/static-page/check-cashing, http://help.walmart.com/app/answers/detail/a_id/89/~/in-store-check-cashing, Cashing a Large Check at Bank of America: Policy & Fees Outlined, 19 Banks That Cash Checks Even If You Don’t Have an Account, Where & How to Cash a Business Check Without a Bank Account, How to Cash a Check Without a Bank Account (+ Exactly Where to Go), Where Can I Cash a Bank of America Check? 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