Although electronic or internet banking has become a lot more popular over the past few years, there are still many employers, government organizations, insurance companies and other institutions that insist on working with checks when processing payments. This means that the need for 24 hour check cashing services will never be eliminated – in fact, it has remained steadfastly popular over the years.
Why 24 Hour Check Cashing Services Are So Popular
After receiving a salary check from your employer, the first thing on your mind will be to see how quickly you are able to convert it to cash. The same goes for if you obtain an insurance or tax refund check – in most cases; you will need to access the funds due to you as quickly as possible. As a result, more places than ever before have decided to offer 24 hour check cashing services to members of the public.
One of the main advantages of using this service is that you are able to cash a salary check on your way home from work. This means that you can purchase groceries or even pay a few bills on your way home, which saves you having to make a dedicated trip to run these errands at a later stage. Once you have your cash in hand, you can even stop to put gas in your vehicle – the options are endless once your check has been cashed at one of these locations.
Where to Find 24 Hour Check Cashing Services
These days, there are quite a few options available when it comes to cashing your check at virtually any time of the day or night. Some of the most popular 24 hour check cashing locations include but may not be limited to bank ATM’s owned by Bank of America, Capital One 360, Bank of the West, Citibank, Chase, City National Bank, Citizens Bank, Discover Bank, Fifth Third Bank, HSBC, First National Bank, Sterling National bank, M&T Bank, TD Bank, SunTrust Bank, Valley National Bank, US Bank and Wells Fargo Bank.
Other than bank ATM’s, there are alternative locations that offer 24 hour check cashing services. These include 7-Eleven (only store locations that have been outfitted with dedicated Vcom check cashing units), Meijer, WinCo, Walmart, Wegmans, Speedway, Hy-Vee and a range of specific check cashing stores. Check cashing stores that offer 24 hour facilities include Community Financial Service Center, Check Cashing USA (Florida), PLS Transportation Services and Check Cashing and Speedycash.
Safety Tips When Using 24 hour Check Cashing Services
Regardless of which part of the country you may live in, chances are that crimes such as mugging and armed robbery have increased over the past few years. As a result, it’s essential that you take a few necessary precautions before you attempt to have checks cashed – especially for larger amounts of money. One of the best ways to be a bit safer when using 24 hour check cashing services is to ensure that you have a trusted friend or family member accompany you to the facility – never carry large amounts of cash if you are alone, especially late at night.
When leaving the check cashing facility, always make sure you are not being followed by anyone that you don’t know. If you suspect that you are being followed, it’s a good idea to drive until you reach your nearest police station. In most cases, an officer will gladly accompany you to your final destination if you are feeling unsafe at any time. It is also not recommended that you boast to anyone about obtaining a large sum of cash, as this could make you a potential target for being mugged or robbed after getting your check cashed.
How to go about Using 24 Hour Check Cashing Services
In most cases, using 24 hour check cashing services is a relatively simple process. You will need to have the check in your possession that you want to exchange for cash as well as an acceptable form of photo identification. This helps ensure that you are the owner of the check you have in hand and it prevents a significant amount of check fraud from taking place.
Some acceptable forms of identification include a driver’s license, military ID and student ID – in most cases, any form of government or education-issued form of identification will be acceptable to use. Some check cashing locations may also require that you provide your social security number when using their services. However, this can be confirmed by calling ahead of time. When presenting your check, you may sometimes be required to sign it in the presence of an employee or store manager to confirm your identification as well.
Once you have presented your check to the bank, credit union, check cashing store or grocery store employee, he or she will need to verify it and ensure that their processing system will be able to accept it. If your check has illegible text on it or it has any form of damage, you may not be able to cash it right away. In cases like these, the check may have to be returned to the institution that originally issued it so that a replacement can be processed. This process can take anywhere from a day or two to a few weeks, depending on where the check was originally issued from. For example, personal checks can usually be reissued pretty quickly, whereas government or tax checks could take a lot longer to have reissued.
When using 24 hour check cashing services, it is important to remember that if you are using the services of a cashier, he or she is not able to override store policies pertaining to the procedure – especially if your check has been deemed to be illegible by their system. As a result, you should always be courteous and not take your frustrations out on them if your check is not able to be cashed for any reason.
Image Credit: iqoncept on 123RF