Problem with cashing a check ?

Question

Ok i have a problem with my bank . A friend of mine owed me some money so she wrote me a check ( she uses a diffrent bank) . I took the check to my bank and cashed it with no problems . a few weeks later she told me that my bank charged her account with a clearing fee of 30 $ . she looked into it as fas as i know , however this week my bank charged me for the amount of the check and for a non-sufficent fund fee of 30 from money not being in her account . i dont understand why i am being charged a fee for her account having NSF's ? and i spoke with her and she is telling me that the money is in her bank . any info or in put on this matter would be great ! ~ i would like to know what to expect when i got to both banks tomorrow ! Thanks!

ok . so we are going to her bank tomorrow to obtain a form stating that the money is indeed in her account , then taking it to my bank . if it is shown that the money has been in her account all along will my bank have to make good on the money they took from my account ?

Answer 1

The problem isn't with your bank, it's with your "friend". When your bank cashed the check and immediately gave you the money they still had to collect on the check from your freind's bank which can take a few days. When your friend's bank refused to pay your bank (your friend says the money was availale but the fact is it makes no difference as to why her bank didn't pay, the fact is they didn't pay your bank), your bank rightfully charged your account for the amount of the check they did not collect on. You are responsible for any items you put through your bank and all banks charge accountholders for returned items. Your friend should reimburse you for the fee you were charged by your bank.

Answer 2

Your bank didn't charge her or her bank with a $30 clearing fee. She is being less than honest with you. Good luck, and the next time you take a personal check from someone, cash it at THEIR bank. Don't let them make you think that you have to have an account there. If a check is written on Bank A, then Bank A has to cash it if the money is there. Period.