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Check Cashing<How would they verify a check for 30,000 from a life insurance company?

How would they verify a check for 30,000 from a life insurance company? i wanna go to my local check cashing office?

Public Comments

1. They will not cash a check for that much. You have to go to a bank and open up an account.
2. Open up a savings or a checking account. What is the fear? /
3. Insurance company checks aren't really checks - they're actually DRAFTS. A check in that amount, HAS to be deposited. NO check cashing place will cash a check that large. One issue is, any transaction over $10,000, must be reported to the authorities. So you're not going to be able to cash that check, without an account.
4. They call the adjuster that issued the check. But given the size of the check - they may not cash it. Most will only cash a check up to $2000. Take the check to your bank and deposit it in your account. The bank will put a 3 day hold on it and then should release the funds.
5. No check cashing company will cash a check for that amount. You'd have to deposit it in a bank account and wait out the hold.