Cashing checks at Walmart. Everything that can help you
There are times when an ordinary person needs to cash a check, but he (she) has no desire to open a bank account.
Walmart is a fairly popular and widespread store that provides many services and people are wondering whether to do walmart cash personal checks or not.
This question can be answered in this article.
Is it possible to cash checks at Walmart now?
You need to find a store that will have a special "Money Center" where you can cash your check. Unfortunately, the maximum amount for cashing out is five thousand dollars. You also need to be aware of a small commission that the store will take for itself, this commission is 5,6,7,8 dollars (it all depends on the specific amount).
You can learn more about this procedure later in this article.
What are the restrictions on cashing out the money in these places?
It all depends on each specific store that provides check cashing services. Typically cashing a personal check cannot exceed $200, and checks issued to or from a legal entity and business are limited to $5,000 (it may be that a store will cash a $7,500 check during a special season). Of course, you can find out in advance whether your check will be cashed or not, this can be done by calling the store by phone.
Do Walmart cash personal checks? What will be the commission?
Yes, this store cashes personal checks. In such cases, the commission can be from two cents to several dollars (it all depends on the amount of the check).
For non-personal checks, the commission will be different. It will be from 4 to 8 dollars. It is important to note that $8 is the maximum possible commission amount.
The entire commission will be deducted from your cashed out amount, you do not need to give money additionally when cashing out.
Instructions on how to cash a check
You need to have the check you wish to cash and your documents with you. Your ID will suffice. Then just go to a special center and ask for a service.
How is the payout after cashing a check?
After you have learned how to do walmart cash personal checks, you need to find out exactly how the payout process will take place. So, everything is very simple. There are two options:
The first option, you just take your cash (fee deducted) and leave the check cashing center.
The second option, you can buy a special card (which costs one dollar) to store on it all the money that you transferred to it from your check.
It is also worth knowing that this store accepts payment in the form of checks, you can read about it at the link.
What types of checks can be cashed here?
This store provides customers with the highest possible quality service, so all types of checks are subject to cashing here (there are a few exceptions, check if your check can be cashed at check-cashing centers).
Which checks cannot be cashed?
Unfortunately, expired checks cannot be cashed (usually a check has a year and a half expiration date, but you should still check with the bank or cashing center to see if that particular check can be withdrawn) and checks that were written from arms. The store accepts all legal types of checks, that is, those checks that are legally valid in the United States, which of course means that the check cashing center will carefully check each check for its authenticity. Carefully check the checks issued to you and do not try to deceive the check cashing system. Check forgery is a serious crime that is punishable by imprisonment.
You can find more information on this topic or related questions on this topic from the links below:
Some information about the author
The author has been a Master in Administration for over 10 years. He worked in this field in various positions for a long time. He is the founder of a site where this topic is revealed in detail.