CONTENT

  DEPARTMENTS



  DETAILS
Legend for Icons
 Article    Q&A

 Podcast  Video

 Blog  Discussions

PDF    Powerpoint
BankingQuestions.com Web

  Home >> Checks/Money Orders >> Checks You Received  
Cashing Large Check without Bank Account

I'm getting a settlement check of $19,000. I don't have a bank account due to bad credit, so how can I cash this large check?


Consider asking about opening a savings account with a local bank and depositing the check there. The bank will certainly delay your access to the funds until it is satisfied the check has been paid. Many banks will open savings accounts without regard to earlier credit problems.

Published on BankingQuestions.com 11/17/09