Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can a financial institution (based on policy) treat customers and non-customers differently when deciding whether they will cash a returned substitute check at the teller window?

April 26, 2017based cash check cashing customers deciding financial institution non-customers policy treat

0

Posted

Can a financial institution (based on policy) treat customers and non-customers differently when deciding whether they will cash a returned substitute check at the teller window?

1 Answer

0

Posted

Check 21 and Regulation CC do not change the existing rules that apply or otherwise address this issue. Many institutions have policies on cashing checks, including returned items, for customers and non-customers.