With the banking system seeming to be in trouble, my wife and I decided to take some cash out of our accounts this morning just in case. I took out of my bank, then went to my wife's bank, PNC to cash a check she made payable to me . . .
PNC properly asked for my ID which I gave them. Then they asked for a second form of ID like a credit card, which I gave them. It's my wife's account, not mine, so my name is not on the account.
Then the Teller calls the Manager over and the Manager tells me, we charge a 2.5% fee to cash checks for non-account holders.
So on the $5,000 check, PNC Bank charged me $125 to pay out the cash!
Instead of getting the $5,000, I only got $4875. My wife blew a gasket when I got home and told her.
I said, the only way around this is to get you dressed, put on your portable oxygen concentrator, come with me down to your bank and do these transactions yourself.
How's THAT for service?
It was important to my wife to get the cash out. Today. So we did. But those Bankers are like Shylock; they have to get their rhetorical pound of flesh.
Maybe you should re-think doing business with PNC Bank?
