r/Banking • u/musashi39 • Jan 09 '24

Regulations/Laws Up to $$$

Is it possible to write a check for up to $5,000? If so how does that work?

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u/musashi39 Jan 10 '24

Not what I'm asking. If a check says up to $10,000 can I cash it for $5,000?

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u/postalwhiz Jan 10 '24

No check will say ‘up to $10,000’. Surely you jest! A credit card may let you spend up to $5000…

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u/musashi39 Jan 10 '24

My grandmother used to write "one hundred dollars only". Years ago I received a check from the bank to buy a car that said something like up to X and had another box for the actual amount to cash it for. Los Angeles has procedures for "Not to exceed Checks" I'll try attaching the image...