Check cashing definition
Check cashing means receiving at least $500.00 compensation within a 30-day period for taking payment instruments or stored value, other than traveler’s checks, in exchange for money, payment instruments, or stored value delivered to the person delivering the payment instrument or stored value at the time and place of delivery without any agreement specifying when the person taking the payment instrument will present it for collection.
Check cashing means exchanging for compensation a check, debit card payment order, draft, money order, traveler's check or payment instrument of a licensee for money delivered to the presenter at the time and place of the presentation.
Check cashing means receiving at least $500.00 compensation
Examples of Check cashing in a sentence
By opening a Custodial Account, Client confirm that Client will not use the Custodial Services in connection with any of following businesses, activities, practices, or items: • Restricted Financial Services: Check cashing, bail bonds, collections agencies.
Check cashing services may not be available at some banking centers.
Abandoned Property $50.00 Account Closure* $10.00 ACH Originated Loan Payment $10.00 each All Copies (any GFA docs, up to 10 pages) $7.50 min Coin Machine Service (over $100.00) 5% Canadian Currency, exchange rate plus $10.00 Foreign Check Processing (per check) $15.00 Inactivity Fee** $5.00/mth Insufficient/Overdraft Paid $30.00/item Insufficient/Overdraft Returned $30.00/item Items Sent for Collection $25.00/item Levy $75.00 Lost Passbook $12.50 Money Order $3.00 Non-Member Check cashing inc.
By opening a Custodial Account, Client confirms that Client will not use the Custodial Services in connection with any of the following businesses, activities, practices, or items: ● Restricted Financial Services: Check cashing, bail bonds, collections agencies.
Check cashing requires corresponding funds availability in any account type, or certificate held by the member.
More Definitions of Check cashing
Check cashing means cashing a check for consideration or extending a Deferred Deposit Loan and shall include any other similar types of businesses licensed by the State pursuant to the Check Cashing Registration Act. No check cashing or deferred deposit loan business shall be located within 600 feet of any other check cashing business. Distance requirements defined in this section shall be measured in a straight line, without regard to intervening structures or zoning districts, from the entry door of each business. One check cashing or deferred deposit loan business shall be allowed for every 10,000 citizens living in West Valley City. The term Check Cashing shall not include fully automated stand alone services located inside of an existing building, so long as the automated service incorporates no signage in the windows or outside of the building.
Check cashing means exchanging for compensation a check, draft, money order, traveler’s check, or a payment instrument of a money transmitter for money delivered to the presenter at the time and place of the presentation.
Check cashing means receiving compensation for taking payment instruments or stored value, other than traveler's checks, in exchange for money, payment instruments, or stored value delivered to the person delivering the payment instrument or stored value;
Check cashing means “Special Check Cashing Service”. “ATM” means the automated teller machines operated by the Credit Union and any other similar machines subsequently made available by the Credit Union to you to perform transactions on your accounts with the Credit Union;“Personal Identification Number” means the code number given to you which you must use together with the Card to operate the ATM and any other automated teller machines subsequently made available to you. This code number may also be referred to as the PIN number. You have asked for one or more Cards. To support your request you have given us your Application, which we will keep. By signing your Application you represent that all the information is true and correct and that you are requesting Card(s) that will enable you to use the ATM and any other automated teller machines subsequently made available to you to perform transactions on your Credit Union accounts referred to in this agreement by using the Card(s). You understand that if you have a joint VISA account or have authorized the issuance of additional Cards, you are authorizing the joint signer and any other authorized Card holder to perform transactions on any of your accounts by use of the ATM or any other automated teller machine with the same authority as if you were doing it yourself. The Credit Union will give you a Personal Identification Number (PIN) which must be used with the access Card to operate the automated teller machines. You agree not to write your PIN on the card. If you do, we may terminate your right to use the card as well as your other credit privileges under this Agreement. If we issue you the Card(s) that you have asked for, you agree to abide by the terms of this Agreement, both in using the Cards and in making your payments to us. In this Agreement we will call the advances we make for you, or anyone else you authorize, to purchase goods and services your “Goods and Services.” We will call the advances we make to cover cash advances, cash withdrawals, checks, requests, emergency cash, check cashing, and any overdrafts resulting from your use of any check cashing services that we may provide you “Cash.”
Check cashing means cashing a check for consideration or extending a Deferred Deposit Loan and any similar activity or enterprise, including but not limited to all businesses licensed by the State of Utah pursuant to the Check Cashing Registration Act.
Check cashing. We may charge a fee for anyone that does not have an account with us who is cashing a check, draft or other instrument written on your account. We may also require reasonable identification to cash such a check, draft or other instrument. We can decide what identification is reasonable under the circumstances and such identification may be documentary or physical. If you don’t have enough money available in your account to cover a check you ask us to cash, we have the right not to cash it.
Check cashing means accepting a payment instrument in exchange for money delivered to the presenter of the instrument at the time and place of presentation without any agreement specifying when the payment instrument will be submitted for collection.