Aunt Elizabeth as usual looked at the cheque suspiciously but for the first time forebore to wonder if the bank would really cash it.
Most banks will cash travellers cheques, and they all charge a fee, often irrespective of whether you are an account holder or not.
I can hit notes a bank could not cash.
In another case, a bank cashed a counterfeit $40,000 check created by a computer and printer.
That was a shock - first Tom disappearing, then the bank phoning to say I couldn't cash any cheques.
Most banks, including a Citibank, would not cash them.
Yet again the banks are cashing in at our expense.
Most banks and exchange bureaus will cash traveler's checks at a commission of 1% to 3%.
In the wonderful market economy that we now live in, banks all over the place were probably cashing in.
These local banks then cash the cheques, which allow them to take money from the central bank.