It can be frustrating to receive your pay since most banks and other financial institutions will automatically put a hold on any cheque that you deposit. In some cases, you can wait up to a week or more before you can access the money that you have received. Many people live from paycheque to paycheque and don’t want to spend time waiting for the money that they’ve earned. If this applies to you, you’re in luck. At Money Direct you can have your money right away – given to you on the spot.
When you work with us your cheque can be cleared within a few minutes. There is only a small fee required for this service and in many cases it’s well worth the small amount. When you bring your cheque into us for cashing, you’ll know that you can access your money right away.
Banks make you wait a certain amount of time since the cheque acts like a set of written instructions that are passed between 2 financial institutions. This waiting period gives both of the banks time to ensure that the payment can be covered and is made correctly. Cheques can be dishonoured for many different reasons including insufficient funds, a closed account or a fraudulent cheque.
When you need money right away and don’t want to wait for it, visit us instead. You can learn more about our check-cashing services at moneydirectstore.ca and there you can find a location near you. If you have any questions you will also find the phone numbers for our different locations on the site at the top of the page. We look forward to meeting you soon and answering any questions you may have about any of our services.