By the Division of Banks

Licensing Requirements For Automated Check Cashing Machines

Any person or entity other than: 1) a bank as defined in Mass. Gen. Laws ch. 167 § 1; 2) a national banking association; 3) a federally chartered credit union; 4) a federal savings and loan association; or 5) a federal savings bank, engaging in the cashing of checks, drafts or money orders for a consideration in excess of one dollar, must be licensed pursuant to Mass. Gen. Laws ch. 169A § 2. In light of clarifications and additional facts provided in regard to the entity's activities in Opinion # 97-101, the Division has determined that an entity which operates automated cash checking machines (CCMs) in the Commonwealth would not require a check casher's license pursuant to Mass. Gen. Law ch. 169A in certain circumstances.

Recommended Content

People also viewed...

You recently viewed...

Personalization is OFF. Your personal browsing history at Mass.gov is not visible because your personalization is turned off. To view your history, turn your personalization on.

Learn more on our .

*Recommendations are based on site visitor traffic patterns and are not endorsements of that content.