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We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
checks

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!
Thanks!
Thanks!
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