Answer:
If a business cashes checks in excess of $1,000, they are a MSB. Whether they charge a fee, or how much of their revenue is derived from check cashing is irrelevant.
First published on BankersOnline.com 4/4/05
If a business cashes checks in excess of $1,000, they are a MSB. Whether they charge a fee, or how much of their revenue is derived from check cashing is irrelevant.
First published on BankersOnline.com 4/4/05