What is Cheque Cashing?
Cheque encashment is a service we provide to customers who do not have access to or would prefer not to use conventional bank accounts. It enables them to obtain cash from virtually any cheque that has been issued to them, including cheques that have been crossed account payee or non negotiable. A commission is charged for this service and is deducted from the amout paid to the customer. It is an attractive service, not only for the unbanked but also people who have tight financial cycles and cannot afford to wait the lengthy clearance periods associated with conventional bank and especially some building society accounts.
