california
Bank will not take check
<p>I am trying to liquidate everything to escape the coming market collapse. I went to the bank with a 600k check and they refused to deposit it. It exceeds the fdic limit.</p>
<p>Do I have any legal recourse? How do I get my money to a checking account before the market totally collapses?</p>

<p>The bank has the legal right to refuse to do business with you. There are exceptions but &quot;wanting to deposit 600k&quot; is not a protected class.</p>
<p>The FDIC limit is 250k. Since the bank has chosen not to accept deposits larger than that, you need to split it across multiple banks or find a bank willing to take it.</p>
