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It seems some checks are not being cashed by certain financial institutions because they exceed the limits in place by that particular company. In some situations, these checks are being referred to as fraudulent; however, they are not. Try to go to your local bank to open an account so you can deposit the check. Some banks will allow you to open an account but will retain a small portion of the deposit until the check clears. Another option is to find a bank that can cash large checks without any restrictions.
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March 6, 2025
8:21 AM