CHEQUES CASHED 4%

PLUS £1 ADMIN FEE PER CHEQUE.*

How does Cheque Cashing work?

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What do I Need?

To cash a cheque you will need Identity ID, Address ID and letter accompanying the cheque.

Identity ID

To cash a cheque you need a valid Drivers licence, Passport or a Benefit award letter.

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Address ID

Official letter addresses to you dated within the last 3 months. See more in FAQs.

Cash your cheque

We charge 4% of the Cheque value pluss a £1 admin fee (per cheque)

Full Identity ID requirements

By law to cash a cheque you must provide Identity ID.

This can be

  • A valid Driving Licence*
  • A valid Passport
  • A Benefit Award Letter (Dated within 3 months)

We cannot accept expired documents as valid Identity ID.

*If you Driving Licence has a different address to your Address ID you may be asked to provide an additional letter as proof of address.

You can find out more about cheque cashing regulations via the HMRC website. 

Full Address ID requirements

By law to cash a cheque you must provide Address ID in the form of a letter. The letter must have a date and not be more than 3 months old.

Official letters give the best chance of being accepted. Below are the most common letters accepted.

  • Utility Bill
  • Council Tax
  • Bank Statement
  • NHS Letter
  • Benefit letter
  • Driving licence*

 *If you are using your driving licence for Identity ID you cannot also use it for address ID. Same rule applies for a benefit award letter.

We cannot accept expired documents as valid Identity ID.

*If you Driving Licence has a different address to your Address ID you may be asked to provide an additional letter as proof of address.

You can find out more about cheque cashing regulations via the HMRC website. 

Has your local Cash Generator or Cheque Centre closed? Find your nearest Money Station Shop with our store finder. We offer the best rates on our 28 Day Buyback with an option to payback in instalments and Instant Cheque Cashing at 4%. Money Station offer the most competive rates on foreign currency and Cash for for Gold. If you use Cash Converters, Ramsdens, Cash Generator or Cheque Centres see what Money Station can do for you.

Cheque Cashing FAQs

How do Money Station Value Gold?

Money Station Value gold based on its weight and the carrat of the gold.

This is why it does not matter what condition the gold is in. 

What does carat or number markings mean?

Gold jewellery or bars will normally have a carrat and set of hallmarks.

The number markings refer to the parts per thousand of gold.

For example 9 carat gold could also be shown as 375. 24 carat gold would be marked as 999.

Most comon finess marks.

Carat
Fineness
9 375
12 500
14 583/585
18 750
22 916/917
24 999

UK Halmark chart

 

What does gold rate mean?

The gold rate is the amount Money Station would pay for a specific carat of gold on that day.

The gold rate is updated daily and is different for each carat.

To get a quote call 08000 323 441 or take your gold into one of out stores.

 

Can I put gold on a Buyback or Premium Buyback?

Yes.

Gold is one of the most comon items used for the 28 Day Buyback and Premium Buyback Service.

In order to quality for a Premium Buyback the value of the gold would have to be in excess of £1000. 

More about 28 Day Buyback 

More about Premium Buyback

How do Money Station test gold?

The first test is to identify the carat and any halmarks.

Next we would weigh the gold (taking off the weight of any stones).

Based on the value we would then check you are happy for us to perform an acid test.

The acid test consists of making a small mark in a discrete area and placing a small drop of acid. If the gold is fake it will react with the acid.

 

Is the rate really 4%?
Yes we cash all cheques at 4% no minimum amount required
Do you have a service or handling charge?
Yes we have a £1 charge per cheque.
Can I cash a cheque from my employer?
Yes instantly
Do I need a bank account
No we pay you in cash
I don't have photographic ID can I still cash a cheque?
If you do not have photo ID we can accept a letter stating your recieve benefits.
Can I cash a cheque with 2 names on it?
Yes, we would require full ID from both persons named on the cheque.
Can I use the letter with the cheque as address ID?
No, your address ID must not be related to the cheque or from the same organisation/company.