Originally Posted by
evdog
Parents wrote me a check for $200 when I was home, to reimburse me for some of their stuff I paid for. They are in Canada so it's a Cdn$ check. I've cashed these at my local bank in SD many times, they just convert to USD and deposit the amount. Easy.
But my bank was acquired by US Bank last year. And apparently the tellers now communicate all questions to their supervisors via a chat app, so she spent way too long, typing, muttering, and starting at her screen than should be necessary. The word fee was murmured several times.
So their new process is to deposit a foreign currency check at face value, then 3-5 days later they will apply a fee "for the exchange". Fine, makes sense. Then she mentions another fee. More typing. Ah yes, there's a $19 fee if the check bounces. Fair enough. It won't bounce.
More typing and staring. Hmmm.... She now tells me there will be a $40-120 fee to cash the check. You can't tell how much? $40 would be annoying, but $120 would wipe out most of the value of the check. Her manager finally comes out, and also can't tell me how much the fee will actually be. And apparently she can't waive it or do anything about it. "All the banks are doing this now". Wonderful. Fuck all of the banks with a red hot poker.
So I just tore the check up in front of them. I'd rather my parents keep their money than give a chunk of it to the bank.