I was issued a check from my insurance company drawn on a Bank of America account. I don't have a BOA account, but wanted to cash it at BOA.
The check looked different from previous checks from my insurance company so they wouldn't cash it. I talked to my insurance company and they said they have always used that format. The only way to cash it is to deposit it into my bank and wait for it to clear. Totally unacceptable.
What if I don't have a bank account. If it is from their bank they should cash it.
Product or Service Mentioned: Bank Of America Account.
Monetary Loss: $5000.