check casher
Paper-to-cash business
A check casher is a business that converts checks to cash for a fee, typically serving people without bank accounts.
These storefronts are common in lower-income neighborhoods and offer immediate payment rather than the waiting period banks require: The check casher on the corner takes 3% of every paycheck.
Also called a check-cashing service.
- money orderPrepaid negotiable instrument
- payday loanHigh-interest short-term borrowing
- storefrontRetail facade facing street
- wire transferElectronic bank-to-bank payment
- Western UnionRemittance service company
bad credit · fee · late fee · ID · endorsement · counter · bulletproof glass · neon sign · liquor store · pawnshop · prepaid card · bills · currency · transaction · teller · signature · strip mall · inner city
- money handlersbanker, teller, bank clerk, money changer, bank manager
- financial institutionsbanks, central bank, commercial banks, investment bank, investment banks
- hustlershustler, hustlers, street hustler, con artist, grifter
check casherbank
Place holding deposits
commercial bank · credit union · savings and loan · investment bank · private bank
check casherprivate banker
Financial advisor for affluent clients
credit union · wealth manager · investment advisor · hedge fund · direct deposit
check, casher, checks, checked, checking, checker, checkers, cash, cashed