Cash a Check

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Cash a Check

To deposit a check at a bank other institution and to receive cash in exchange. For example, suppose Joe writes Bob a check for $10. Rather than place the check in the bank, Bob may go to his bank, present the check, and receive $10 in cash. The bank then directs the check to Joe's bank and receives $10 from Joe's account to compensate itself for the cash it gave to Bob.
References in periodicals archive ?
CashWorks' PayPort(TM) is the first check cashing solution to employ a clerk-assisted POS terminal as a transaction authorization device linked to a conventional ATM for the disbursement of funds.
Ventura County prosecutors charged Armando Ceniceros, 28, with stabbing and attempting to kill Ilia Zlatkov during the brazen Tuesday morning robbery at Coast Check Cashing.
Leading Check Cashing Solution Will Soon Be Coast to Coast
A CCANY board member for 12 years and member of the check cashing industry for 17 years, Mr.
California Check Cashing Stores and Golden Gate Capital, a San Francisco-based private equity firm with $3.
COMPANY DOES $198 MILLION A YR IN CHECK CASHING FOR CONV & CHECK CASHING STORES.
Greenland Corporation (OTC Bulletin Board: GLCP) announced today that it has signed systems development and work agreements with ACS' (NYSE: ACS) Retail Solutions division to provide Greenland's proprietary back office check cashing software and processing capabilities for over 200 ACS retail customer sites to be installed beginning later this year.
ecash checking is the quickest and most efficient check cashing and guarantee product in the industry.
announced today plans for expanding check cashing services to its customers through an alliance with Mr.
The combination of the two companies will create the nation's second largest check cashing network.
This innovative combination of services provides exceptional convenience, and the savings it offers when compared to annual check cashing fees can be substantial.
16 ~PRNewswire~ -- The Ohio Division of Consumer Finance has begun the process of regulating check cashing services, Superintendent Rae Ann Estep announced.