Code of Massachusetts Regulations
209 CMR - DIVISION OF BANKS AND LOAN AGENCIES
Title 209 CMR 45.00 - The Licensing and Regulation of Money Services Businesses
Section 45.08 - Transaction Receipts for Check Cashers
Current through Register 1537, December 20, 2024
A licensed check casher shall provide each person cashing a check, draft, or money order with a receipt of each transaction stating thereon:
(1) the name, license type, and number of the licensee;
(2) the amount of each check, draft, or money order to be cashed, which may be aggregated if the fee for each transaction is the same;
(3) the fee charged for each check, draft, or money order;
(4) the total amount received by the customer for each check, draft, or money order cashed;
(5) the date of the transaction; and
(6) the following statement:
If you have experienced any problems or difficulties with your
transaction(s), please contact [Licensee's complaint contact info]. If they are
unable to assist you, or you would like to file a consumer complaint against
the licensee, please contact the Massachusetts Division of Banks Consumer
Assistance Unit at 617-956-1500 ext 501, or visit the Division of Banks website
at