ITG FAQ #1 Answer-What is a check casher and when does it fall under Title 31?


A check casher is a person engaged in the business of check cashing (other than a person who does not cash checks in an amount greater than $1000 in currency or monetary or other instruments for any person on any day in one or more transactions). A check casher is a type of money services business, and is regulated by Title 31.

See FAQs regarding Identification of Money Services Businesses and Registration of Money Services Businesses.

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