Does Walmart Cash Third Party Checks In 2022? [Full Guide]
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Costco’s logo since 1997
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Type |
Public |
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Nasdaq : COST NASDAQ-100 Component S&P 100 Component S&P 500 Component |
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Industry |
Retail |
Predecessor |
Price Club |
Founded |
July 12, 1976 ( 1976-07-12 ) (as Price Club) San Diego, California , U.S. September 15, 1983 ( 1983-09-15 ) (as Costco) Seattle, Washington , U.S. |
Founders |
James Sinegal Jeffrey Brotman Sol Price Robert Price |
Headquarters |
,
U.S.
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Number of locations
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804 [1] (2021) |
Area served
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Australia Canada China France Iceland Japan Mexico New Zealand South Korea Spain Taiwan United Kingdom United States |
Key people
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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) |
![]() US$6.023 billion [2] (2020) |
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![]() US$4.002 billion [2] (2020) |
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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
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![]() 273,000 [3] (2020) |
Website |
www .costco .com ![]() |
People need often to have third-party check cashed but the institutions seem reluctant.
Walmart will cash third party checks in 2022
Walmart cannot cash third-party cheques in 2022, due to the higher risk of fraud these checks present. Walmart customers have the option to cash a third-party cheque through their bank or credit card union. Note that you will have to pay fees and present a valid photo ID.
Why Does Walmart Not Cash Third Party Checks?
A third party check differs from standard checks in that it is nominated by the first recipient and will be sent to the second recipient.
You do this by writing the name of your second recipient down and getting their signature.
However, the chances of fraud with these kinds of checks go up significantly once the check changes hands more than once.
Often, check-cashing services accept these checks only to find out later that the check had not reached the final intended recipient.
Walmart doesn’t accept third party checks in any of its stores. The company accepts only two party checks.
Is there another place where you can get third party checks cashed?
Check-cashing businesses, banks, credit unions and local banks can cash third-party checks. However, the best option is to head over to the bank that the check has been drawn on.
Below is a listing of the credit and banks that you can go to in order to cash a check for third parties.
These check cashing locations can help you get your third-party cheque cashed:
What is the best way to cash a third party check?
Due to the risk of fraud being a high concern, cashing shops and banks have stringent policies about the cashing out of checks from third parties.
You must also present both recipients in person to the bank/cashing store for the submission of the check.
The bank will not cash third-party checks if this condition isn’t met.
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.
Does Walmart Cash Third Party Checks In 2022? [Full Guide]