An unexpected check arrived in the mail today. The question now is do I cash it?
I heard that it was against some regulation somewhere to write checks for less than a dollar yet financial institutions do it all the time. Maybe this so called rule or regulation is just a myth. How do you justify the postage fee to mail a 2 cent check? My personal checks cost me more than 2 cents a piece to print. I think I’ll cash it just to see the looks I get at the bank, maybe I’ll even fill out a deposit ticket and deposit into my account.