Entities Exempt from Licensing or Registration Requirements:
- A bank or trust company, credit union, building and loan association, or savings and loan association which is chartered under the laws of this state or under federal law and which has lawfully entered this state to engage in a banking business; or
- Any individual, partnership, association, or corporation which cashes checks for which NO FEE is charged.
IMPORTANT NOTE: Application fees for new licenses/registrations are non-refundable, regardless of whether a license or registration is granted. A checklist is included in the application package to assist applicants in ensuring that they submit all appropriate documents to the Department.
What could prevent my check casher application from being approved?
Bad credit will make your application very difficult to approve. At the very least, you must settle charged-off accounts, judgments and outstanding tax liens. Those who are delinquent on their student loans must be "in good standing", and those who are delinquent on child support payments must remedy this problem before they can be licensed. If you have collection accounts, you must provide proof that you have setup a payment plan and have made at least one payment.
Applicants with a felony conviction who have not been PARDONED (not just paroled), or who have not sought and obtained/documented the remedies provided for in O.C.G.A. Section 7-1-702(b), cannot be approved. The Department verifies the criminal background of each applicant for a check cashing license or registration. It is very important to provide honest answers in the application. Omissions regarding arrests are deemed to be a serious falsification of the application and can lead to denial regardless of the nature or outcome of the arrest.
How long does it typically take the Department to process my check casher application?
- An application that is found to be complete, with no credit issues or criminal background issues, will generally be approved within 5 business days of receipt by the Department. If the Department has to contact you with follow-up questions or additional information, this will extend the processing time.
How will I know if the Department has approved my check casher application?
- If your application is approved, you will receive an e-mail from firstname.lastname@example.org directing you to log in to the Department's secure website in order to retrieve and print your check cashing license or registration certificate. Please be sure that your e-mail system does not block this address or divert e-mails from the Department to your spam/junk folder. The Department's primary method of communicating with you is via e-mail.