Is it safe to cash check???

hosnatcher · Jan 26, 2007

Is it safe to cash/deposit a check received through fed-ex in my banking account from that major sportsbook that is no longer accepting wagers from US clients?

Or would it be best to:

1) deposit through ATM machine at bank?
2) check cashing place and pay fee?
3) cash check at supermarket? (I don't know if you can still do this anymore but about 7 years ago I used to cash my paycheck at certain supermarkets when I bought something like $20.00 in groceries)

5teamparlay · Jan 26, 2007

DEPO IT AT AN ATM. No worries.

HarryCaray · Jan 26, 2007

Depending on the size of the check (and fee) I might choose a check cashing joint...

Fishhead · Jan 26, 2007

HarryCaray said:
Depending on the size of the check (and fee) I might choose a check cashing joint...

Think it doesnt make much difference what route one takes........but to be honest, would go with a bank before a check cashing joint such as AMSCOT, etc., etc................who knows what/who they have to report to.

Just my two cents.

bdgear · Jan 26, 2007

I have a Question if i deposit a check that i recieve from the sportsbook and it doesnt clear for some reason will they charge me a bounced check fee? or will they just deduct the amount of the check? i plan on just depositing and leaving the money in until check clears

thanks for any info:toast:

Fishhead · Jan 26, 2007

bdgear said:
I have a Question if i deposit a check that i recieve from the sportsbook and it doesnt clear for some reason will they charge me a bounced check fee? or will they just deduct the amount of the check? i plan on just depositing and leaving the money in until check clears

thanks for any info:toast:

It depends on your bank.

5teamparlay · Jan 26, 2007

i'VE CASHED WELL OVER 100 CHECKS FROM SB'S AS WELL AS CLOSE TO 5,000 CHECKS FROM ebayers OVER THE PAST 10 YEARS, NEVER A PROB WITH THE sb CHECKS. Plenty of the SB checks (vast majority) drawn on US banks with US address (i will not mention books). Always put in ATM.

Just like those CC checks I have used on occasion (no trans fee) They wouldn't honor at the teller, no prob at the ATM.