Does Walmart Cash Third Party Checks In 2022? [Full Guide]

Costco Wholesale Corporation

Costco’s logo since 1997
Company headquarters in Issaquah, Washington (since 1994)
Type	Public
Traded as	Nasdaq : COST NASDAQ-100 Component S&P 100 Component S&P 500 Component
Industry	Retail
Predecessor	Price Club
Founded	July 12, 1976 ; 45 years ago ( 1976-07-12 ) (as Price Club) San Diego, California , U.S. September 15, 1983 ; 38 years ago ( 1983-09-15 ) (as Costco) Seattle, Washington , U.S.
Founders	James Sinegal Jeffrey Brotman Sol Price Robert Price
Headquarters	Issaquah, Washington , U.S.
Number of locations	804 [1] (2021)
Area served	Australia Canada China France Iceland Japan Mexico New Zealand South Korea Spain Taiwan United Kingdom United States
Key people	Hamilton E. James (Chairman) W. Craig Jelinek (President and CEO)
Brands	Kirkland Signature
Services	Merchandise Cash & Carry Warehouse club Filling stations
Revenue	US$166.76 billion [2] (2020)
Operating income	US$6.023 billion [2] (2020)
Net income	US$4.002 billion [2] (2020)
Total assets	US$45.40 billion [2] (2019)
Total equity	US$15.24 billion [2] (2019)
Members	105.5 million [3] (2020)
Number of employees	273,000 [3] (2020)
Website	www .costco .com

People sometimes need third party checks cashed. However, institutions often resist doing so.

Since Walmart (with 4700+ stores nationwide) is easily accessible and offers check-cashing services, you may be wondering: does Walmart cash third-party checks? What I learned is this:

Walmart will cash third party checks in 2022

Due to the risk of fraud, Walmart will not be able to cash third-party check in 2022. Walmart customers will be able to get third-party checks cashed at their bank or credit union. Be aware that there will be fees to cover the cost of your check and you must present proof of identity.

You can read on to learn why Walmart won’t cash third party checks. What banks, stores, and other businesses offer such service. And what fees it costs.

Why Does Walmart Not Cash Third Party Checks?

These checks can be used to deposit cash, or money in a check. Third-party checks differ from regular checks.

It is accomplished by having the recipient write down the name of each recipient, and then getting their signature.

However, the chances of fraud with these kinds of checks go up significantly once the check changes hands more than once.

Check-cashing agencies often take these checks but find later that the check hasn’t reached the intended recipient.

Therefore, Walmart does not accept third-party checks at any of its stores. Only two-party checks are accepted.

Where Else Can You Get Third Party Checks Cashed?

Check-cashing businesses, banks, credit unions and local banks can cash third-party checks. You can also go directly to the bank from which the check was drawn.

Below is a listing of the credit and banks that you can go to in order to cash a check for third parties.

Bank of America

Citibank

Chase Bank

Navy Federal Credit Union

Chartway Federal Credit Union

HSBC

SunTrust Bank

BB&T

TD Bank

M&T Bank

First National Bank

S. Bank

Connexus Credit Union

The following cashiering shops can accept third-party checks:

ACE Cash Express

Advance Financial

Look ‘N Get

Fast Cash

Check Cashing Store

How do you cash a check from a third party?

High fraud risk means that banks and cashing stations have strict policies for cashing third-party checks.

You must also present both recipients in person to the bank/cashing store for the submission of the check.

This is a condition that the bank or cashing shop must meet in order to refuse cashing the third-party check.

You can contact the bank or cashing store you are planning to visit in advance to find out about the official policy for cashing third-party checks at that institution.

What fees are required to cash third party checks?

Some banks and cashing shops charge fees to cash third-party checks.

Fees vary between banks, so make sure to contact each institution to get the correct information.

You can read more about when Walmart will stop cashing checks and whether Walmart accepts foreign checks.

Conclusion

Walmart cannot cash third party checks in any of its stores. This is due to the inherent danger of fraud with third-party checking.

Third-party checks can be cashed at banks and credit unions as well cashing outlets such as ACE Cash Express or Bank of America. For the check to be cashed you must present your original payee along with a payment and a valid photo ID.

Where Can I Cash Out A Third Party Check?

The policies of third-party check acceptance may determine whether your bank will accept your deposit check. Some banks allow such checks to be deposited via ATM, but others don’t. Instead, prepare a deposit slip and take the check to a teller.

Walmart Does Walmart Check Before Paying for Checks?

TeleCheck permits Walmart to verify and accept checks from customers as well as credit cards and cash payments.

What is the best way to cash a third party check without the other person?

What you will require. Take two pieces of photo ID. You must prove you are the individual whose name appears on the check when cashing a third-party cheque without having a personal account. To do this, the bank or check cashing place will usually ask for at least two forms of picture identification.

Walmart will cash second-party checks

Yes, Walmart does cash Two-Party Checks up to $200 for a $6 maximum fee.

.Does Walmart Cash Third Party Checks In 2022? [Full Guide]