Bank refuses to break $100 bill into smaller bills!

16 Nov Bank refuses to break $100 bill into smaller bills!

Unless you are a customer of the bank, Houston bank First Bank in Houston refuses to break a $100.00 bill into smaller bills. My son experienced this recently when he needed to pay someone in exact cash and only had a $100.00 bill.

What are banks thinking?  I could understand if it was a check, but U.S. currency?!!!  Maybe I need to file a complaint with the banking commission.  Banks are really pushing the limits these days.   Are banks going to start charging to break currency into smaller currency?  I suppose this is a real possibility since they charge people to take change.  If banks keep adding fees, they may well find themselves without any customers.  Just my two cents!

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Jay S. Fleischman is a bankruptcy lawyer with offices in Los Angeles and New York. He can often be found on Google+ and Twitter, where he shares information about consumer protection issues and personal finance.
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