Check Cash Depot
Frequently Asked Questions
Check Cash Deport Rules for Check Cashing If your business is a sole proprietorship, then you are the only person who can cash a check in your business’ name additional documents and information will be required.
Check cashing businesses, also known as money services businesses, provide customers with an easy way to turn their paycheck, or other checks, into cash without having to rely on a bank account.
Check Cash Depot cashes a variety of types of checks in any amount from a variety of sources, including payroll checks, personal checks, government checks, money orders and cashier checks, tax refund checks, insurance checks.
In most cases, a check cashing does not allow you to endorse a business check over to your personal account the same way you would endorse a check in an individual’s name.
The Bank Secrecy Act requires banks to report cash transactions over $10,000 to the IRS. Banks only are required to report transactions made in cash.
Yes, check cash depot store will cash your checks verifying them. Check cash deport store verify the checks placed by their customers to see whether the checks have been written from a genuine account.
If you receive a check payable to cash, deposit it like you would any other check. Endorse by signing the back, and cash it.
No, once we have verified the check, we give you all your money right then.
No, they don’t. However, if you don’t use or cash the money order within a certain time limit – which could be one to three years – you might get a non-refundable service charge taken off the total amount. This depends on the rules in the state where the money order was purchased.
The terms and conditions of your money order are listed on the back of the order, so make sure you check any limits placed on yours to avoid paying a charge.
With Check cash depot, many billers provide a confirmation number as proof of payment. However, you will need to contact your biller to check when your payment has been credited to your account, as we don’t have access to this kind of information.
Using Money Services to pay your bills is reliable and hassle-free. Keep your receipt or confirmation number for your records in case you have any problems with your bill at a later date.
*A fee of 1% any check up to $3,000. Rates for check cashing greater including money orders, will vary based on the amount of the check. Check Cashing fee is available at any store.