A financial institution that charges large fees to cash payroll and government checks to people who do not have a bank account.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Check Cashing Centers
B	Payday Loan Centers
C	Rent-to-own Centers
D	Pawnshops

Explanation:

Detailed explanation-1: -Cash it at the issuing bank (this is the bank name that is pre-printed on the check) Cash a check at a retailer that cashes checks (discount department store, grocery stores, etc.) Cash the check at a check-cashing store. Deposit at an ATM onto a pre-paid card account or checkless debit card account.

Detailed explanation-2: -The amount charged by a financial institution for the services they provide in managing the account. This may also be called the monthly service fee.

Detailed explanation-3: -Financial Institution: A business that deals with money. For example, a bank or credit union. Less Cash Received: The amount of cash you get back when you make a deposit. Memo: The area on a check that notes what the check was written to pay for.

There is 1 question to complete.