Check Casher; Check-Cashing Business Last updated 06/20/2024

Print this page Back to search results

Apply

Fees

License Fee Description Exemptions
$225.00
None
$300.00
None

Description

A check-cashing business is defined in the Oregon Revised Statutes as any person that conducts a business that for a fee, service charge, or other consideration provides money, credit, or any other thing of value in exchange for payment instruments. A check-cashing business does not include a financial institution or the employees of a licensee. The law limits the fees check cashers can charge, assuring standardized fees and rules.

Duration

Two years

Renewal Information

Biannual renewal invoices are automatically mailed and must be returned with payment by December 31 for renewal to be processed.

Duplicate License Requirements

None

Processing Time

Processing Time Description
1 Month

Prerequisites and Requirements

Prerequisites

Please visit https://dfr.oregon.gov/business/Pages/index.aspx for prerequisite information.

Required Documentation

Please visit Division of Financial Regulation website (https://dfr.oregon.gov/business/Pages/index.aspx) for required documentation information.

Examination Information

None

Continuing Education Requirements

None

Bonding Requirements

None

Insurance Requirements

None

Additional Information

Other Information

Web address: https://dfr.oregon.gov/business/Pages/index.aspx

Overnight mail address:
350 Winter St NE, Room 410
Salem, OR 97301-3881

Statutes, Administrative Rules, Ordinances

Other Detail Information

None Back to Top