Your business needs to be registered in a state and you need to use your registration documents to open a business checking account. Banks do not cash checks made payable to a business because they have no way of knowing if you really have the authority to be cashing the check, ie if you own the business.
you go to a check cashing store with a valid id.
Give the check to someone you trust, and have them do it. Then, just get the money from them.
Banks cash checks. Try opening an checking account.
the bank where it originateda Western Union locationa check-cashing businessany business where you and/or your family are known and trusted by the ownerthe sender
Yes, as long as you are cashing the check on behalf of the business (as a legal representative of the business) or if you are depositing the check into the account held by the business you can legally cash the check. No - of you are not a representative of the business or if you are trying to deposit it into an account that doesn't belong to the business.
Most banks charge nothing if you have a checking account with them. Grocery and convenience stores usually charge a percentage (~3%) for business check cashing.
Go to Walmart. They have a check cashing service, but will charge you a fee.
Cash City is a check cashing business located in Hohenwald, Tennessee. They were founded in 2002 and will cash all types of checks for those without a bank account.
If you are in the unfortunate situation that you have a check but no bank account, it would seem your only option would be to go to a check cashing business where your check will be cashed at the cost of a large a percent of your whole check.
The fee for cashing a check is usually 2 or 3 % of the face value of the check. Each establisment may have their own fees, so be sure to check the fees before cashing your check. most check cashing businesses charge 3-5% fee based in the amount of the check. In most cases it would be cheaper to get a checking account at a bank and pay the monthly service fee.
Is No. 1 - Forgery and No. 2 - Not Possible. you can only cash checks that are payable to your name/account.
The check cashing business will be unable to recover the funds from your bank.
If one does not have a bank account, they can still cash checks. They can go to check-cashing stores. They have to pay a fee for cashing their checks.
Check cashing is usually free if the customer has an account at that bank. There is a nominal fee if the check is cashed at a different establishment.