The bank gives out cash immediately, but it may not receive offsetting credit for the cashed check for a day or more.Banks are generally willing to do this for their own customers' convenience.
Banks face more risk with personal checks presented by new customers.
Customer identification needed to cash a check - State law does not address means of personal identification for bank transactions.
Banks can refuse to cash a check, even a check that is issued by the government.
When a bank cashes a check, in effect it makes a short-term, interest-free loan.
The Department of Banking does not have legal authority to administer or enforce these statutes.