How to cash a check in 4 simple steps? Tips, options & more

Checks might be less popular these days, but it still can be useful to write and receive checks from time to time, specially when transferring big sums of cash. If you don ’ metric ton know how to cash a control, you ’ re in luck – this guidebook will break down precisely how to cash a check mark anytime you need to .
alternatively, you can try Wise if you are looking for a more convenient room for both send and receiving money. With Wise, you can make instantaneous money transfers all over the populace via an easy-to-use platform – all without leaving your house .
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How to cash a check: Step-by-step

  1. Either visit a major retailer or brick-and-mortar trust location. If you have a even bank, you can visit one of your bank ’ second branches or ATMs. alternatively, your bank ’ mho mobile app may have a mobile check depository method.

  2. now you need to endorse the check, which means signing the back of the check on the indicate line. Do not write anything else below that line, as it may render the check invalidate. Endorse the check lone after you are at your deposit location. This protects the hindrance from being cashed against your will if it is stolen .
  3. Give the check to a deposit teller or retail clerk with recognition, like your driver ’ mho license .
  4. Depending on where you go, the check value will either be deposited into your bank explanation ( if you visit a bank where you have an account ) or be handed to you in cash. You can tell the bank teller or retail clerk to leave the value in your bank report if you like .

Before you cash a check

Before you cash a check

There are a few things you need to in mind before cashing a check. You need to make sure the crack is legitimate, as trying to cash a talk through one’s hat check can get you in trouble¹ or even result in you owing bank fees .
To verify if a check is legitimate :

  • Call the deposit that issued the discipline to verify that the check ’ s amount is available on the consociate score .
  • Deposit the crack, but wait a few days to a few weeks before spending money from it to make sure the funds are deposited into your account .
  • If you ’ re hush not certain if the check is legitimate, in any case, it ’ sulfur best to visit the check writer ’ s bank in person and verify the check with them .

Where can you cash a check?

You can cash a check in a variety show of locations, including :

  • A trust or credit marriage where you have an account. Keep in thinker that your savings bank or credit union may have a policy that prevents you from receiving all of your funds immediately while they verify if the check is legitimate.

  • The bank or other fiscal institution that issued the determine in the first topographic point
  • retail stores or large grocery store stores like Walmart
  • Payday loanword stores
  • Online through bridle cash services like PayPal, Venmo or Ingo Money
💡 To save money and avoid high fees, it’s probably best to go to your bank. Locations like the check writer’s bank, retail stores or check cashing stores typically higher fees for cashing a check.

Cash or deposit a check?

Keeping a lot of cold hard cash in your pocket may not be the best estimate, specially if you don ’ triiodothyronine plan to use it anytime soon. When cashing a check, it ’ s often best to keep most or all of the kernel in your checking account until you need cash, at which time you can withdraw a much as you need from an ATM using your debit card or bank narrator window .

Try Wise – A safe and easy way to transfer money

While checks are by and large a commodious room of sending and receiving money, there might be some alternatives which can make your feel evening better .
For example, through Wise, you can easily receive and send money without leaving your home. Just open a Wise account to send and receive money in a debauched and commodious way from all around the worldly concern .
furthermore, you can even link your Wise bill to credit card providers, PayPal, a U.S. bank, and early services. Wise is besides a user-friendly option for paying bills, automating debt payments, and more .
Best of all, signing up is exempt and easy, and it takes barely a couple of minutes .
Open a free Wise explanation in minutes ⏱


All sources checked on 20 May 2021
This issue is provided for cosmopolitan information purposes merely and is not intended to cover every expression of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. Prior results do not guarantee a similar consequence. We make no representations, warranties or guarantees, whether express or implied, that the capacity in the publication is accurate, complete or up to date .

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