I run an internet business and only take paypal, there have been requests for people to use checks. If I deposit a check however dont cash the check until it clears and it turns out the check bounced am I charged a fee because it was a bad check? I could understand if I gave the check to the bank cashed it and the bank account was over drawn however what if I leave the check in the account until it has proven to be good or not. Are there fees if it is not good?I have talked with a banker and they told me the fee for every bad check is $7, is this normal?Look forward to hearing from you!
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