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

Universal Citation: 209 MA Code of Regs 209.45

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 www.mass.gov/dob.

Disclaimer: These regulations may not be the most recent version. Massachusetts may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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