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Check Cashing Overview

A business that cashes checks or money orders, and advertises this service or charges a fee greater than $2.00 per check, is required to have a license to operate and is subject to regulation by the N.C. Office of the Commissioner of Banks.

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The 2020 check-cashing renewal period will open on July 1, 2020, and close on September 1, 2020.   



  • The renewal fee is $250.00 for the first office and $50.00 for each additional office.  Payments may be submitted through the online system using any major credit card.


  • All licenses will expire on September 30, 2020, if not renewed, no exceptions.  If your license expires, you must submit a new application. 


Should you have any questions, please contact Lisa Johnson at or 919-733-0593. 


The below bill was passed to raise the maximum processing fee allowed under N.C.G.S. § 25-3-506 for returned checks from $25.00 to $35.00. Please note that the law has specific limits on what collection agencies collecting on behalf of principals may collect. This law became effective October 1, 2019.

 §25-3-506. Collection of processing fee for returned checks.

           A person who accepts a check in payment for goods or services or the person's assignee may charge and collect a processing fee, not to exceed thirty-five dollars ($35.00), for a check on which payment has been refused by the payor bank because of insufficient funds or because the drawer did not have an account at that bank.

           If a collection agency collects or seeks to collect on behalf of its principal a processing fee as specified in this section in addition to the sum payable of a check, the amount of the processing fee shall be separately stated on the collection notice. The collection agency shall not collect or seek to collect from the drawer any sum other than the actual amount of the returned check and the specified processing fee. (1981, c. 781, s. 1; 1983, c. 529; 1987, c. 147; 1991, c. 455, s. 1; 1955, c. 232, s. 1; 1997-334, s. 1; 2000-118, s. 1; 2019-77, s. 1(a).)