Will Walmart Cash A Third Party Check? No
Third-party checks frequently need to be cashed, but people discover that institutions are typically reluctant to do so. You might be wondering if Walmart accepts third-party checks for check cashing given that there are more than 4700 Walmart locations nationwide. Checks from third parties are not cashed by Walmart. Discover the causes by reading the article.
Walmart
Affordable goods are available at Walmart, an American chain of retail stores. The company’s specialty is groceries. Everyday food items like fresh fruits and vegetables, as well as frozen foods like meat, are included in Walmart’s grocery selection. Different types of fish, nuggets, etc., dairy products, baked items like bread, and much more.
Does Walmart Cash Checks
Indeed, Walmart accepts checks. However, I should point out that not all Walmart locations have this feature. Your checks can only be cashed at Walmart with Money Center.
Locate a Walmart (with check cashing) close to you by clicking the link provided below the map. There are numerous such stores located all over the nation, so there is no need to worry. Check to cash is now even simpler thanks to Walmart’s Money Center.
However, cashing a check is not a particularly difficult process. You must, however, keep a few things in mind. Understanding the procedures will help us complete our work efficiently.
Additionally, you should first confirm the following: how much is the cheque limit, what type of checks are acceptable, and so on.
Does Walmart Cash Third Party Checks
Unfortunately, Walmart does not cash third-party checks because of the increased risk of fraud that these checks carry. Customers of Walmart can instead cash a third-party check at a bank or credit union. Be aware that you must pay fees and provide a legitimate photo ID.
Why Does Walmart Not Cash Third Party Checks
Unlike regular checks, third-party checks require the original recipient to designate a second person to either cash the check or deposit the money.
The second recipient’s signature and the first recipient’s written notation of their name are required for this.
However, once the check changes hands more than once, the likelihood of fraud increases significantly with these kinds of checks.
These checks are frequently cashed by check-cashing services, who later learn that the intended recipient was not the intended recipient.
As a result, Walmart does not accept third-party checks at any of its locations. Only two-party checks are accepted.
What Kinds Of Checks Does Walmart Cash
Walmart will cash a variety of checks as long as they adhere to their policies. I’ve listed the different types of checks that Walmart will accept below. They happily accept pre-printed checks in accordance with their policy. Don’t forget to bring the check the next time you plan to go grocery shopping at Walmart.
Walmart Does Cash
- Payroll Checks
- Government Checks
- Income Tax Checks
- Cashier’s Checks
- Refund Checks
- 401k Checks
- Insurance Check
- MoneyGram Money Orders
- Business Checks
- Pre-Printed Checks
Walmart Does Not Cash
- Handwritten Checks
- Personal Checks
- Two Party Checks
- Third-Party Checks
What Other Place Can You Get Third Party Checks Cashed
Most banks, credit unions, and check cashing services will cash third-party checks. Visit the bank where the check was drawn instead.
You can visit any of the financial institutions on this comprehensive list to have a third-party check cashed.
- Bank of America
- Citibank
- Chase Bank
- Navy Federal Credit Union
- Chartway Federal Credit Union
- HSBC
- SunTrust Bank
- BB&T
- TD Bank
- M&T Bank
- First National Bank
- S. Bank
- Connexus Credit Union
Places that cash checks from third parties include:
- ACE Cash Express
- Advance Financial
- Look’N Get
- Get Cash Quickly
- The Check Cashing Store
How To Cash A Third Party Check
The cashing of third-party checks is subject to strict regulations at banks and check cashing businesses due to the high risk of fraud.
When presenting the check at the bank or check cashing service, both receivers must be in attendance and both must be in possession of valid government-issued picture identification.
The bank or check cashing operation shall first satisfy this condition before accepting the third-party check. Inquire about the institution’s official policy on third-party checks by getting in touch with the bank or check-cashing business you intend to visit before you go.
Does Walmart Cash Personal Checks
So, is Walmart a place I can cash a personal check? Yes, this business has stated that starting in 2022, its Money Center locations will start cashing personal checks.
Walmart offers a $5,000 per person checking limit. For checks under $1,000, there is a $4 fee, and for checks between $1,000 and $5,000, there is an $8 fee.
Stop by your neighborhood store if you require some quick cash because the procedure is simple and can be completed in as little as 10 minutes.
Do You Have To Pay Fees For Cashing Third Party Checks
Due to the high risk of fraud, most banks and check cashing services do not accept third-party checks. When submitting the check, both receivers must be physically present at the bank or check-cashing facility.
Both must also present valid picture IDs issued by the government at the time the check is submitted.
If this requirement isn’t met, the bank or check-cashing company won’t cash the third-party check. Before you go, make contact with the bank or check-cashing business you intend to use to find out what policy the organization has in place regarding third-party checks.
Conclusion
Due to the inherent risk of fraud involved with third-party checks, Walmart does not cash third-party checks at any of its stores.
But banks, credit unions, and check cashing businesses like Bank of America and ACE Cash Express will cash third-party checks.
Read More:
