Yes they can if they equip themselves to offer such a service. The general definition of an MSB (Money Service Business) by FinCEN is:
The term "money services business" includes any person doing business, whether or not on a regular basis or as an organized business concern, in one or more of the following capacities:
(1) Currency dealer or exchanger.
(2) Check casher.
(3) Issuer of traveler's checks, money orders or stored value.
(4) Seller or redeemer of traveler's checks, money orders or stored value.
(5) Money transmitter.
(6) U.S. Postal Service.
No activity threshold applies to the definition of money transmitter. Thus, a person who engages as a business in the transfer of funds is an MSB as a money transmitter.
If you want to know a little more about cash flow businesses, the best website for you to check would be Biz Finance. They have plenty of cash flow examples that are very informative.
How do you pay out, cash or check? How do you pay out, cash or check?
When the owner withdrawals cash for personal use,
A major pitfall in a small business is cash flow. Should cash for goods sold to customers (it could be a major customer with a large account owing), be slow or delayed in being received, the small business may need to obtain a bridging loan or overdraft from a bank. The small business need money to come in so that the business can pay outgoings, especially to buy in more raw goods to enable the business to produce finished goods for future sales.
Normally they have you get 3 estimates of how much to repair from auto body shops. They usually choose the lowest estimate and send the check to you.
You give the lender a check for the amount of money you want to borrow – plus a fee. The lender keeps your check and gives you cash – less the fee they charge. On your next payday, you have to pay the lender in cash. For more information visit the simplycash.ca
You can check with a cash advance service. Often times they will provide immediate cash to people who are in need.
Some payday cash companies in the United States are Money Tree, The Cash Store, and Check 'N Go. Smaller payday cash companies often have "check cashing" or "fast cash" in their names or business descriptions.
You can try the other account, monitor it closely to withdraw the money as soon as the check clears. Or you can use a check cashing service, or maybe get a friend to cash it for you.
check
no way check not consider a cash because cash in form money and check is just only bank document page through we get access to our money.
Yes. You need money to sell a product or get supplies if you are interested in starting a service company (cleaning etc.).
Yes, as long as you are cashing the check on behalf of the business (as a legal representative of the business) or if you are depositing the check into the account held by the business you can legally cash the check. No - of you are not a representative of the business or if you are trying to deposit it into an account that doesn't belong to the business.
You can cash a check from Deutsche Bank at any bank. Typically you will need to cash it at the bank in which you do business and provide identification in order to cash a check.
Because they, (The investors) want money so there business gets more cash!
cash zone service center inc. is this check good to cash.
It can depend greatly on the business in question. Some will give you cash on the spot and others will give a check. Check with the specific business you plan to use and ask them their policy on the matter.