Results for tag: "Check Cashing"

Check cashing is a service offered by banks and other financial institutions that allows customers to cash checks without having to open a bank account. This service is often used by those who do not have access to traditional banking services, such as those who are unbanked or underbanked. It is also used by those who need access to cash quickly, such as those who receive government benefits or payroll checks. Check cashing services are typically provided at a fee, which is usually a percentage of the check amount. This fee is often lower than the fees charged by non-bank check cashing services. Banks may also offer additional services, such as money orders, prepaid debit cards, and bill payment services. Some of the companies in the check cashing market include Bank of America, Wells Fargo, JPMorgan Chase, Citibank, U.S. Bank, and PNC Bank. Non-bank check cashing services include ACE Cash Express, Check Into Cash, and Money Mart. Show Less Read more