Yes, some banks charge to cash checks -- even their own checks

Updated

T

he Philadelphia Inquirerrecently ran an interesting story about a musician who recently received a $150 check from his agent. It was issued by PNC Bank, and so when the musician passed by one of the branches, he decided to go inside and cash the check.

That's when he learned it would be $10 for him to receive his cash.

As Steve Cohen, a professional piano player and a singer, told Inquirer columnist Jeff Gelles, "I've just never seen a bank operate that way."

The article goes onto note that PNC Bank recently upped its fee for noncustomers to cash a PNC check, from $5 to $10.


Advertisement