Here is a complete guide about handwritten cheques. Does Walmart cash handwritten cheques or not? What are the reasons behind it? Let’s get straight into the article to know everything you need regarding handwritten cheques and Walmart. Let us see Does Walmart Cash Handwritten Cheques Yes Or No?
What Are Handwritten Cheques?
Handwritten cheques are those where every information provided on a cheque is handwritten. From the amount to the signature, everything is handwritten.
The other cheques you only have to sign are not handwritten but printed. All the required information is in printed form. You only have to sign the cheque.
Does Walmart Cash Handwritten Cheques?
No! Walmart does not cash a handwritten cheque, even if the cheque belongs to a high-profile business. Walmart does not trust handwritten cheques because handwritten cheques can easily be stolen and used. So, if you are at Walmart and need to cash your cheque, make sure the cheque is not handwritten.
What kind Of Cheques Is Walmart Cash?
Walmart does not cash handwritten cheques doesn’t mean they don’t cash any cheques. Walmart cash-printed cheques. Followings are the list of cheques Walmart cash:
- Pre-printed cheques
- Personal cheques
- Payrolls cheques
- Tax cheques
- Government cheques
- Business cheques
All are acceptable at Walmart except for handwritten cheques. All information on these cheques should be in printed format.
Does Walmart Charge For Cashing Cheques?
Walmart charges their customers a service fee for cashing a cheque. Their service fee is usually $4 US Dollars for cheques below $1000 US Dollars and $8 US Dollars for cheques above $1000 US Dollars.
You can pay the service charges either by the amount you cashed or upfront. It depends on your choice.
Does Walmart Have A Cheque-Cashing Limit?
Everything seems good within a limit. Walmart also has a limit to cashing your cheque. You can only cash $5000 US Dollars in a day. You can not withdraw more than $5000 US Dollars from Walmart.
We have heard that Walmart has increased its limit to $7500 US Dollars but for a specific period due to high taxation.
What Variety Of Cheques Walmart Do Not Cash?
Due to some ins and outs, Walmart does not cash the following cheques:
- Handwritten
- Third-party
- Post-dated
- Saving bonds
You can also authorize by calling your nearby Walmart stores.
Can Someone Else Cash Your Cheque From Walmart?
Cashing a cheque on someone else behalf is not what Walmart does. They do not accept and cash handwritten cheques. How can one expect them to cash a cheque on someone else behalf?
Walmart needs your identification before cashing a cheque. So, it is impossible to cash a cheque from Walmart which is not yours.
Which ID Is Required By Walmart While Cashing A Cheque?
To cash your cheque from Walmart, you need to prove your identification before heading.
Walmart accepts the following identity issues:
- ID issued by state
- Driver’s license
- US Passport
How Are Handwritten Cheques Cashed?
To cash your handwritten cheque, you can visit the banks or credit unions listed on your valid government issue identity.
After your identity verification, they will proceed with the cheque like all other printed cheques.
Where Are Handwritten Cheques Cashed?
Handwritten cheques are usually not much accepted in 2022. Institutions don’t trust handwritten cheques as they are easy to steal or anyone can cash them.
Visit the local branch of the bank where you have an account. They will process your handwritten cheque.
You can even go to cheque financial institutions as they cash the cheque too.
Are You Charged While Cashing A Cheque?
Many people wonder, do banks or institutions charge them for cashing their cheques? So, the answer is it depends.
Some banks ask for a percentage of 1% to 3% of the amount on the cheque as a fee. Some charge you a fee under $10 US Dollars might be their regular fee.
Benefits To Cash Your Cheque From Walmart
There are numerous reasons why you should cash your cheque from Walmart. Some are below:
- You do not need to have a bank account if you cash your cheque from Walmart.
- Walmart stores are usually around the corners means you don’t have to travel much as it’s convenient.
- Walmart is also available during holidays as banks are not. It would not be a headache during holidays to wait.
Conclusion
Thus Walmart does not cash handwritten cheques. They only cash printed cheques. And to withdraw your cheque, you need to prove your identity.
Moreover, to cash a cheque from Walmart, you don’t need to have a bank account. You need to pay service charges. You can use your ID card issued by the state, a driving license, or a US passport to prove your identity.
And one more important thing is that Walmart does not accept and cash a cheque on behalf of anyone else. If the cheque is not yours or you can not prove your identity, they will not cash your cheque.
