Skip to main content
Language

Check Casher License

About

State Banking Department

Businesses that cash checks in New York State must be licensed by the NYS Department of Financial Services (DFS).



Check cashers cash checks, drafts, or money orders for a fee. Licenses are not required for businesses that do this occasionally for a fee of less than $1.

Businesses need additional applications to change control of the business.

All employees and owners of the business must be registered with DFS. Registration includes the taking of fingerprints. Locations and fees are heavily regulated by DFS. Some businesses that only provide certain services may wish to register as a limited station. Requirements for limited stations are fewer than full-service check cashers.


NYS Department of Financial Services (DFS)

Address
Licensed Financial Services
One State Street
New York, NY 10004-1417
Phone (212) 709-5507
Learn which permits, licenses and regulations matter to you Use the Step by Step tool to get an exhaustive list of requirements that matter to you.
Use the Step by Step tool