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A Penalty For Using A Personal Check?

 
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Pillar Of The Community
United States
1525 Posts
Posted 02/15/2019   7:51 pm  Show Profile Bookmark this topic Add James Drummond to your friends list Get a Link to this Message
Seems like a hefty amount to add, just for paying by a personal check (assuming this was used back when 10 cents meant something).

Jim

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Pillar Of The Community
United States
1339 Posts
Posted 02/15/2019   8:39 pm  Show Profile Bookmark this reply Add cjpalermo1964 to your friends list  Get a Link to this Reply
A clearinghouse was charging that fee so it reduced the check value given to the receiver by 10c, so the receiver was rightfully concerned. It's like today's bank wire transfer fees. When my clients pay my invoices by wire transfer, I get $25 less.
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Pillar Of The Community
Canada
811 Posts
Posted 02/15/2019   10:41 pm  Show Profile Bookmark this reply Add No1philatelist to your friends list  Get a Link to this Reply
Wow, time to have them use a bank etransfer. Much less and at their expense and not yours.
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