Is it possible to cash a check over the counter at my bank and then immediately deposit the cash?
A web user asks, I tried to do this with my pay check the other day and they told me it was against bank policy. They said that since the check was tied to funds from another bank, they could not do it. I did not want to just deposit the check directly because it would take longer for it to hit my account.
They told me they could cash the check but I would not be to deposit the cash. Why is this so?
Can you help them out? Post your advice!
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