Can You Cash A Check At Walgreens? No
In the United States, a chain of pharmacies known as Walgreens has existed since 1901. It had 8,232 stores as of January 2014, spread across all 50 states, the District of Columbia, and Puerto Rico.
Can I cash a check at Walgreens? No, Walgreens has been enhancing customer service over the past few years. Utilizing cashiers to assist customers who are uncomfortable using a debit or credit card is one action they have taken. Customers can pay with cash, checks, or credit cards at the check-out counter as well.
Does Walgreens Cash Checks
Absolutely not, Walgreens does not cash checks. They do, nonetheless, accept money orders and certified bank money orders. Consumers can purchase prescription and over-the-counter medicines at Walgreens. They don’t carry on business as a bank or offer any kind of lending services.
Personal Checks
Due to the fact that Walgreens is a pharmacy, they do not cash personal checks. Customers can use money orders at Walgreens for their convenience.
Business Checks
Businesses can purchase up to $500 in business money orders from Walgreens, and orders placed before 2 p.m. or after 4 p.m. at the customer service desk will be processed the same day. Customers can seek assistance at their nearby USPS branch if they want to cash a business check that is larger than $500.
Cashier’s Check/Teller’s Check
Because doing so is illegal, Walgreens does not accept or provide cashier’s checks or teller’s checks.
Read More: Will Walmart Cash A Third Party Check?
Why Does Walgreens Not Accept Checks
Due to the fact that Walgreens is a pharmacy rather than a bank, it does not offer cash checks. Customers are sold medications for their treatments and prescriptions, not to serve as collateral for loans. Also,
It Could Be AA Scam
The customer may become vulnerable to identity theft and other scams after cashing a check at Walgreens. Because the check could have been stolen, altered, or written for an excessive amount, the customer frequently is not aware that the check was a fake.
Customer vulnerability to identity theft and other scams may result from cashing a check at Walgreens. Walgreens store employees are also untrained in identifying fake money orders and cashier’s checks.
High-Risk
Not a bank, Walgreens is a pharmacy. As part of its operations, Walgreens processes checks and offers money orders. But there are dangers involved when cashing a check at Walgreens. For example:
- The check could be fraudulent
- It’s possible that the client cashing the check doesn’t have enough money in their account to cover it.
Inappropriate Behavior
The people who are attempting to con you might act inappropriately as a result of you cashing a check at Walgreens. For instance, they might pose as a friend, relative, or client and request money be sent via money order. This is because, before cashing cashier’s checks, Walgreens does not verify their legitimacy or legality.
Criminal Acts
People involved in criminal activities, such as drug dealing, may cash a check at Walgreens because checking accounts are much safer than carrying around large sums of cash. These people would provide fictitious names and addresses in order to fabricate a record of where they were when.
You run the risk of being falsely accused of criminal activity if it can be linked to your account and location because Walgreens employees do not know your real name or address.
Fraudulent Checks
Since money order fraud is a perfect crime, it is an unfortunate reality of today’s world. Scammers typically make off with victims’ money and are very difficult to find. A check writer who offers a fake check to a customer as cash could be tricking them, and the bank will refund their money once the fraud is discovered.
What Financial Services Are Offered By Walgreens
Gift Cards
Gift cards from Walgreens can be purchased in increments of $25, $50, and $100. Both in-person and online purchases are accepted, but once they run out, they cannot be reloaded.
Money Orders
Starting at $1 each, money orders are available at Walgreens. One thousand dollars is the maximum per money order.
Prepaid Debit Cards
Prepaid debit cards are available at Walgreens for as little as $5. Prepaid debit cards come in four levels, with the entry-level card being free for clients who sign up for a direct deposit or possess a Walgreens Redcard. Costing $29 for the top level.99 per month and includes insurance against loss or theft, roadside assistance, hotel discounts, and unlimited fee reimbursements.
Western Union Money Transfers
Anyone with a Western Union account or access to cash pick-up can receive money from you. The customer’s name, address, and 11-digit permanent ID number are required if you are sending the money. You can pay for either type of transfer by giving Walgreens the MTCN number that can be found on your payment receipt.
How Much Do Check Cashing Places Charge
Different fees and interest rates are assessed at check cashing locations. The type of transaction and the period of time the money is deposited determine the interest rates.
Check to cash businesses charge a fee for each transaction, whether it be a withdrawal or deposit. Most check cashing establishments impose a one-time transaction fee, but some may impose an additional fee for deposits exceeding a certain sum.
Check cashing businesses may also offer low-interest checking accounts where customers can deposit funds until they need to withdraw them. This is typically less expensive than what they would pay if they used their bank accounts.
Conclusion
If you want to ensure that your account is in good standing and that the check won’t bounce, cash it at a bank or credit union rather than Walgreens. By doing this, you can avoid paying overdraft fees and guard against fraud and identity theft. Payday loan shops are a viable alternative if you don’t have access to a bank.
Read More: Will Banks Cash A Ripped Check? It Depends
