It happens! Someone pays you with a physical check, but you don’t have a bank account to deposit the check into. You need your cash, but don’t want to open an account just for one check. What do you do?
One thing you should keep in mind is banks are built to serve account holders. If you don’t have an account but want their services; they will want you to set up an account. If you don’t set up an account, some banks won’t serve you at all. Others will require you to pay exorbitant fees to justify them doing a transaction for a non-account holder.
The best option is to visit a check cashing store. Check cashing stores are extremely efficient at cashing checks, and you don’t have to worry about setting up an account. Check cashing stores will charge a fee for this service, but many people find the benefit of hassle free cash to be more than worth the fee charged.
Have questions about cashing your check in Tulsa? Give Value Check Cashing a call! We’d be happy to help.