Checks are small pieces of paper on which amount details, name of the treasury, and other details are added and later signed by the treasury holder for cash withdrawal. These checks can be used by self or given to any person to receive amount of cash that’s written on it. Withdrawing cash via check is easy when you have a bank account. However, there are also some ways in which you can withdraw cash without a bank account. Details are given as below:
Go to Bank or Treasury From Where Check Belongs:
Checks are always issued by banks and there is no treasury that doesn’t accept checks. Moreover, to withdraw cash, you don’t need a check. All you need is a check that’s legally given to you by the account holder. Remember that you cannot withdraw another check from another bank. Such as if you have check From ABC bank, you cannot cash it from DEF Bank. So, first thing you would do there is find the name of the bank from where the check belongs. The name of the bank is always written at the top of your check. After that, visit the nearest branch of the bank and go for check withdrawal. After some verification and official things, you will be given the amount of money written on the check.
Find a Retailer or Store That Accepts Check Payments:
Another way you can use to withdraw cash is by visiting a retailer or store that accepts check. There are many grocery and other stores that accept other payment options than the cash. All you have to do is find the store and visit. Remember that a retailer or store holder will not give you cash against your check however will ask you to do shopping equivalent to the amount written in the check. You will do shopping and while paying for the price you would hand over the check. After some necessary verifications and security assurance, your payment will be proceed and you can come with your shopping. It works just like payment of credit or debit card.
Exclusive Stores Dedicatedly Available For Cash Withdrawal:
One more way in which you can withdraw cash is find a treasury store that accepts check and give you cash. Here, you don’t need to do shopping with your check neither you require to visit a bank. These stores have cash with them and facilitate people in terms of cash withdrawal via check. You can find so many cash withdrawing stores in your area and can visit any one of them in order to receive cash. Go there and after necessary verification you will get your money back. However, there is a disadvantage attached to this type of check cash. The disadvantage is that these treasury holders charge you an amount or fee for your check withdrawal. The will cut the fee form the amount and handover rest of it to you.
Things to consider while withdrawing Cash via Check without a Bank Account:
When you go to withdraw check without having a bank account and especially from those treasuries that charge you fee for cash withdrawal, make sure to remember these things: