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Cheque Cashing

At the Money Magnet we offer a simple and quick cheque cashing service.

Bring your third-party cheque(s) to us, along with identification so that we can register you on our database.

We’ll verify the cheque, check your ID, then tell you how much cash you’ll receive against the cheque.

We are governed by industry regulations in relation to money laundering that require us to be able to prove your identity upon request, this is fully integrated into our registration process. We may ask you a series of questions to ascertain the validity of your cheque, please do not be offended, these are industry standard questions designed to help us cash your cheque for you.

If you have any queries regarding our cheque cashing service please do not hesitate to contact us.

ID Requirements

Customer must produce one photo ID and one address document.

Identity (photo) document (1 required)

  • Current UK/EU photocard Driving Licence (Full or Provisional)
    (If driving licence is paper version the customer will require another ID from this list)
  • Current Passport
  • UK Biometric Immigration Document
  • UK Firearm/Shotgun Licence
  • EU National ID Card
  • Northern Ireland Electoral Office Identity Card

Address document (1 required)

Must be dated within 3 months unless states different

  • Recent Utility Bill (Gas, Electric, Sky etc.)
  • Water Bill (for current year)
  • TV Licence (12 month licence, valid until expiry date on licence. 5 year licence, valid for 3 months from date of issue)
  • HMRC correspondence
  • Council/Housing Association Agreement
  • Bank/Building Society Statement
  • Credit Card Statement
  • Mortgage Statement
  • Council Tax Bill (for current year)

The below two items can be used as Address Id however they MUST be accompanied by another piece of PHOTO ID

  • Current UK Photocard Driving Licence (Full or Provisional)
  • UK Firearm/Shotgun Licence

Student Cards, mobile phone bills, Debt collection agency letters, Bank cards, Bus pass/City cards, court letters, police letters & birth certificates WILL NOT BE ACCEPTED AS ID

0115 9620022