Does Walmart Cash Third Party Checks In 2022? [Full Guide]
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Costco’s logo since 1997
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Type |
Public |
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Nasdaq : COST NASDAQ-100 Component S&P 100 Component S&P 500 Component |
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Industry |
Retail |
Predecessor |
Price Club |
Founded |
July 12, 1976 ( 1976-07-12 ) (as Price Club) San Diego, California , U.S. September 15, 1983 ( 1983-09-15 ) (as Costco) Seattle, Washington , U.S. |
Founders |
James Sinegal Jeffrey Brotman Sol Price Robert Price |
Headquarters |
,
U.S.
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Number of locations
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804 [1] (2021) |
Area served
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Australia Canada China France Iceland Japan Mexico New Zealand South Korea Spain Taiwan United Kingdom United States |
Key people
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Hamilton E. James (Chairman) W. Craig Jelinek (President and CEO) |
Brands | Kirkland Signature |
Services |
Merchandise Cash & Carry Warehouse club Filling stations |
Revenue |
![]() US$166.76 billion [2] (2020) |
![]() US$6.023 billion [2] (2020) |
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![]() US$4.002 billion [2] (2020) |
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Total assets |
![]() US$45.40 billion [2] (2019) |
Total equity |
![]() US$15.24 billion [2] (2019) |
Members |
![]() 105.5 million [3] (2020) |
Number of employees
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![]() 273,000 [3] (2020) |
Website |
www .costco .com ![]() |
People need often to have third-party check cashed but the institutions seem reluctant.
Why Does Walmart Not Cash Third Party Checks?
The third-party check is different than standard checks because the recipient names a second person to receive cash or deposit it in the check.
It is accomplished by having the recipient write down the name of each recipient, and then getting their signature.
These checks can be fraudulent if they are changed hands multiple times.
Check-cashing service often receives these checks and discovers later that it has not reached its intended recipient.
Walmart will not accept any third-party check at its stores. The company accepts only two party checks.
How can I get my third-party checks cashed?
An option to have a check from a third party cashed is at all local banks, credit cooperatives, and check-cashing firms. However, the best option is to head over to the bank that the check has been drawn on.
The following is a comprehensive list of credit unions and banks you could visit to receive a third-party cash check:
Check cashing outlets that accept checks from third parties:
What is the best way to cash a third party check?
Due to the risk of fraud being a high concern, cashing shops and banks have stringent policies about the cashing out of checks from third parties.
Both recipients must present themselves at the cashier or bank to sign the check. They also need valid government-issued IDs.
If this condition is not met, the bank/cashing shop will not be able to cash the third party check.
If you’re unsure about how to cash third-party checks, it is possible to contact the cashier at the bank before your visit.
Does Walmart Cash Third Party Checks In 2022? [Full Guide]