Does Walmart Cash Canadian Checks? [All You Need To Know]
Walmart is known for offering a wide range of services, from cashing checks, sending money and paying bills at in-store MoneyCenters.
However, you might be wondering if Walmart cashes Canadian checks. Here’s what I found!
Does Walmart Cash Canadian Checks?
Yes, beginning in 2023, Walmart will cash Canadian checks at its in-store MoneyCenters. Walmart will only accept Canadian checks written in U.S. currency and drawn on banks with branches in both the U.S. and Canada (such as Bank of America, Wells Fargo, Chase, TD Bank, and Citigroup).
If you want to know how to cash a Canadian check at Walmart and what your limit is, read on!
How to Cash Canadian Checks at Walmart
To cash a Canadian check at Walmart, customers must bring a government-issued photo ID such as a passport, state ID card, driver’s license and social security number (if applicable).
Additionally, Walmart only accepts Canadian checks drawn on banks with branches in both the US and Canada.
Some of these cross-border banks include Bank of America, HSBC, Wells Fargo, Chase, TD Bank, and Citigroup, among others. Additionally, Canadian checks must be issued in U.S. dollars to be accepted by Walmart MoneyCenter.
Once in Walmart MoneyCenter (if you meet the above requirements), associates will validate the check using a third-party electronic system powered by TeleCheck or Certegy.
Once authorized, the employee will deduct the relevant expenses from the check and distribute the funds.
Is there a limit to cashing Canadian checks at Walmart?
Yes, Walmart cashier’s check restrictions apply to US and Canadian checks. Since 2018, recipients can cash out up to $5,000 between May and December.
During the tax period January through April, the limit increases. Card cashout transactions are limited to $1,000 per transaction.
Does Walmart charge for cashing Canadian checks?
Yes, the standard fee deducted from domestic checks applies to Canadian checks. Checks under $1,000 will be charged up to $4, and checks between $1,001 and $5,000 will be charged up to $8.
Additionally, customers can load some or all of their funds onto their Walmart MoneyCard for a $3 loading fee. You can use the card anywhere Visa or MasterCard is accepted, depending on which type you choose.
You may also be interested in whether Walmart can cash two-party, Comdata, handwritten and post-dated checks.
Conclusion: Does Walmart Cash Canada Checks?
Yes, Walmart will cash Canadian checks written in United States Dollars (USD) to US banks, such as Bank of America. You will need to show a government-issued photo ID and social security number. Funds are distributed instantly in cash or Walmart MoneyCard. Pay a withdrawal fee of $4 for every $1,000, or $8 for every $1,001 to $5,000.
