Can someone let me know what banks in Boston charge to cash $ Travellers Cheques. ?


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I know different banks have different fees, so looking to find out which would be the best deal. Any help will be much appreciated.


Answer (1):

Hank

No bank anywhere charges a fee to cash travellers checks denominated in US dollars.

A fee is only charged when a bank sells travellers checks. It is usually 1 %. And there is a conversion fee when cashing a traveller's check denominated in a foreign currency.