Does Walgreens Cash Checks In 2023? [Complete Guide]

Updated On:
Saltmoney.org is reader-supported. When you buy via links on our site, we may earn an affiliate commission at no cost to you.

Does Walgreens Cash Checks? Walgreens is a chain of pharmacies in the United States that was established in 1901. As of January 2014, it had 8,232 stores in all 50 states plus the District of Columbia and Puerto Rico.

In 1901, Charles R. Walgreen, a Lithuanian immigrant in Chicago, Illinois, gained ownership of his first drugstore in the city for $2,000. He opened his second store in 1915, and by 1919 he had 16 stores throughout Chicago.

In 1923 he purchased the Chicago-based Mostly Drugs Company to incorporate into his own. By 1924, Walgreens' sales were $1 million.

Walgreens opened its first store outside Illinois in 1939, with a location at 100 Jackson Street, San Jose, California. The store was owned by Dean J. Brown. Mr. Brown died of a heart attack the same year his store opened.

Do Walgreens Cash Checks?

The company was sold before Walgreens relocated out of San Jose later that year to a former grocery store on 3rd Street.

In 2014, Walgreens was the largest drug retailing chain in the United States, with 8,232 stores nationwide, according to Drug Topics magazine's "2013 Drug Store News 50," which lists the top U.S. retailers by a number of locations.

Does Walgreens Cash Checks?

NO, Walgreens does not cash checks. However, they do accept money orders & official bank money orders. Walgreens is a pharmacy that sells medications to consumers for their treatments and prescriptions. They do not operate as a bank or provide moneylending services of any kind.

Personal Checks:

Walgreens does not cash personal checks because they operate as a pharmacy. Walgreens offers money orders for customers to use for their convenience.

Business Checks:

For businesses, Walgreens offers business money orders up to $500, which are processed the same day if ordered before 2 pm and after 4 pm at the customer service desk. If customers are looking to cash a business check larger than $500, they can visit the local USPS branch for assistance.

Cashier's Check/Teller's Check:

Walgreens does not cash or provide cashier's checks or teller's checks because it is against the law for them to do so.

What Is Meant By Cashing Checks?

To cash a check means to pay it rather than having it deposited into one's account. Checks can be cashed at banks and other financial institutions such as Walgreens.

Why Don't Walgreens Cash Checks?

Walgreens does not provide cash checks because Walgreens operates as a pharmacy, not as a bank. They sell medications to consumers for their treatments and prescriptions, not to lend money. Also,

It could be a scam:

Cashing a check at Walgreens may leave the customer susceptible to identity theft and other scams.  The customer is often unaware that the check was counterfeit because it could have been stolen, altered, or written for too much.

Cashing a check at Walgreens may leave the customer susceptible to identity theft and other scams. Additionally, store clerks at Walgreens are not trained in spotting counterfeit cashier's checks or money orders.

Why Don't Walgreens Cash Checks

High-Risk:

Walgreens is a drug store, not a bank. Walgreens cash checks and provide money orders as part of their business. However, cashing a check at Walgreens comes with its own risks. For example:

  1. The check could be fraudulent
  2. The customer cashing the check may not have enough funds in their account to cover it.

Inappropriate Behavior:

Cashing a check at Walgreens may also result in inappropriate behavior on the part of people who are trying to scam you. For example, they may pretend to be a relative, friend, or client and ask for money to be sent via money order. This is because Walgreens does not check the authenticity or legality of cashier's checks before cashing them.

Criminal Acts:

Because checking accounts are much safer than carrying large sums of cash around, people involved in criminal activities such as drug dealing may cash a check at Walgreens. In order to create a false record of where they were when these people would give fake names and addresses.

The clerks at Walgreens do not know your real name or address, so this could result in you being falsely accused of criminal activity if it is traced back to your account and location.

Fraudulent Checks:

Money order scams are an unfortunate truth in today's world because it is a perfect crime. The scammer walks away with money and is very hard to track down. A customer might be scammed by a check writer who presents a counterfeit check for cash, which means the bank will refund the customer's money when the fraud is discovered.

Why Are Counterfeit Cashier's Checks Or Money Orders An Issue?

If Walgreens cashes a counterfeit check, the customer is often unaware that the check was counterfeit because it could have been stolen, altered, or written for too much. These can result in a customer being accused of fraud and losing his/her money to a scammer.

Cashing a check at Walgreens also leaves the customer susceptible to identity theft and other scams. Additionally, store clerks at Walgreens are not trained in spotting counterfeit cashier's checks or money orders.

Criminal acts may result from people who are trying to scam you after you cash your check provided by their fake check writer.

Where Can You Cash Your Check?

There are several places where you can cash your check, including banks, credit unions, payday loan stores/payday advances, and Walgreens.

How To Cash The Check?

Go to a bank or credit union so you can confirm your account is in good standing. This will prevent the check from bouncing, resulting in an overdraft fee.

If you do not have a checking account, go to a payday loan store. Payday loans are small loans that require no credit checks and minimal paperwork. You pay the money back when you get your paycheck.

How To Cash The Check

There are several banks and credit unions across the nation that cash checks for a small fee, such as $5. The bank will deposit the check in their system and then withdraw the amount from your account when they can confirm that it is valid and not counterfeit. This step may take up to ten days, however.

What Money Services Does Walgreens Offer?

Gift Cards:

Walgreens sells gift cards in denominations of $25, $50, and $100. They are available for purchase either in person or online but cannot be reloaded once they are empty.

Money Orders:

You can buy money orders at Walgreens starting at $1 each. The maximum amount per money order is $1,000.

Prepaid Debit Cards:

Walgreens offers prepaid debit cards starting at $5. There are four levels of prepaid debit cards, with the most basic being free for customers who sign up for a direct deposit or have a Walgreens Redcard. The highest level costs $29.99 per month and includes insurance against loss or theft, roadside assistance, hotel discounts, and unlimited fee reimbursements.

Western Union Money Transfers:

You can send money to anyone with a Western Union account or cash pick-up. If you are sending the money, you will need the customer's name, location, and 11-digit permanent ID number. For either kind of transfer, you pay for it by giving Walgreens the MTCN number found on the receipt for your payment.

Related FAQs:

What is a check?

A check is a written order instructing a financial institution to pay the funds indicated on the check.

What is a cashier's check?

A cashier's check is similar to a personal check, except it is guaranteed by the bank or other financial institution issuing it. This means that if you lose/have stolen your cashier's check, there will be no problem in having it replaced or your money refunded.
Cashier's checks are often used for large purchases that require security, such as buying a house or car.

Conclusion

Instead of cashing a check at Walgreens, cashier the check at a bank or credit union where you can confirm your account is in good standing and that it will not bounce. This will keep you from paying overdraft fees and also protect you from identity theft and scams. If you do not have access to a bank, a payday loan store is a viable option.

Michael Restiano

I lead product content strategy for SaltMoney. Additionally, I’m helping our broader team of 4 evolve into a mature content strategy practice with the right documentation and processes to deliver quality work. Prior to Instacart, I was a content strategy lead at Uber Eats and Facebook. Before that, I was a content strategist at SapientNitro, helping major Fortune 500 brands create better, more useful digital content.

Leave a Reply

cross