I have some bonds that I want to cash in but i'm not sure about how to do it. Can I take them to any bank or is there a specific place that I would have to go?
2007-12-13 05:21:46 · 6 answers · asked by Wonder 1 in Business & Finance ➔ Personal Finance
go to the bank. bring identification and be sure you have your social security number.
use this to calculate value.
http://www.treasurydirect.gov/BC/SBCPrice
2007-12-13 05:24:51 · answer #1 · answered by rlawr52 5 · 1⤊ 0⤋
How long have you had them? They might not be matured yet, Also, What type? There are E, EE and I that I'm aware of and they all have different regulations. Your personal bank should be able to cash them, but be aware that you have to pay taxes on the interest.
2007-12-13 13:27:38 · answer #2 · answered by Jeffrey P 2 · 1⤊ 0⤋
Exactly. Take them to a bank, and they can assist you in completing the paperwork to deposit them into your account. Be aware the bonds are not worth the face value until the maturity date.
2007-12-13 13:25:05 · answer #3 · answered by Brian C 2 · 1⤊ 0⤋
bank will help you on the cash out.
bring you ID.
2007-12-13 13:29:36 · answer #4 · answered by Michael M 7 · 0⤊ 0⤋
Any bank, your own bank will charge you less
2007-12-13 13:25:21 · answer #5 · answered by crackers 2 · 1⤊ 0⤋
TAKE THEM TO THE BANK AND THEY WILL LET YOU KNOW WHAT THEY ARE WORTH
2007-12-13 13:24:32 · answer #6 · answered by socks 2 · 1⤊ 0⤋