New York Raises Check Cashing Fees
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FEBRUARY 26, 2021
Effective February 26, 2021, New York State has increased the maximum fee that check cashers in New York State may charge. According to New Jersey Check Cashing Regulation 3:24-4.1, The increase is to 2.27 percent of the face amount of a check, draft, or money order. 90, whichever is greater. 1381 et seq.,
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