Understanding Walmart's Check Services: Limits and Acceptance

When it comes to purchasing and cashing checks at Walmart, consumers often have questions about the services available and their limitations. In this article, we will delve into the various types of checks Walmart supports, the limits on these services, and the conditions under which these services are available.

What Are Cashier Checks?

Cashier checks are a type of check that is issued by a bank or financial institution. They are guaranteed by the issuing institution and are used for payments that require a high degree of security. Typically, the limit for these checks is capped at $5,000. It's important to note that Walmart accepts these checks but does not issue them. They are processed via Certegy, a service used by payroll, government, and other types of checks.

Walmart and Check Services: Current Policies

Walmart itself does not sell or issue cashier checks. Instead, customers can purchase money orders through Walmart's partnership with MoneyGram, a leading global provider of money transfer services. Money orders from MoneyGram have a maximum face value of $1,000.

Limitations on Cashing Checks at Walmart

Walmart has specific policies regarding the types of checks its customers can cash or use at the store. Typically, the following conditions apply:

Payroll Checks: These can be cashed at Walmart as they are guaranteed by the issuing institution. Personal Checks: These can be used for in-store payments via electronic funds transfer (EFT) draft or to pay off a balance on a Walmart card. However, personal checks cannot be cashed at Walmart. Cashier Checks: These are not accepted at Walmart for cashing. They must be processed through a financial institution.

It's essential to note that these policies may vary by region and store. Additionally, as of a recent update, Walmart will now cash personal checks of up to $200, provided the check is made out from one party to another and not to themselves or Walmart. A valid form of identification, such as a driver's license, is required for this service. Paper copies of ID are not accepted.

Conclusion

Walmart offers limited check services, primarily through money orders, and does not issue cashier checks. Customers seeking to cash checks at Walmart should be aware of the specific types of checks that are accepted and the conditions under which these services are available. Always verify the latest information with your local Walmart store or visit their official website for the most up-to-date service policies.

For more information on check services and other financial products available at Walmart, please refer to the following resources:

Walmart Payment Methods Understanding Money Orders Consumer Financial Protection Bureau - Check Cashing Services