Legal Question in Banking Law in Maryland

Is it illegal for a bank to not honor/cash a check that is written by an account holder of that bank?


Asked on 4/05/11, 3:20 pm

1 Answer from Attorneys

Paula McGill Attorney at Law

In general, a bank has to honor a valid check drawn by its accountholder. However, as always, there are exceptions to the general rule. Therefore, it would have been helpful if you had disclosed the bank's reasons for dishonoring the check.

MARYLAND OFFICES IN BETHESDA AND BALTIMORE

Read more
Answered on 4/05/11, 6:47 pm


Related Questions & Answers

More Banking Law questions and answers in Maryland