We’re taking an opportunity to remind consumers and businesses how much can be charged for cashing certain kinds of government cheques.
What types of cheques are we talking about?
These laws only apply to BC Employment and Assistance cheques issued by the Ministry of Social Development and Poverty Reduction.
The Ministry only issues two kinds of cheques. The two cheques we’re talking about will indicate (on the face of the cheque) either:
- “BC Employment and Assistance” or
- “BC Employment and Assistance Imprest Account”
What does the law say?
The most that can be charged to cash a BC Employment and Assistance cheque is either $2 plus 1% of the cheque amount or $10 – whichever is less. This means it should never cost more than $10 to cash these cheques.
Who does this law apply to?
The fee cap applies to any business who cashes these cheques.
Where do I go with questions?
If you’re a consumer or a business looking for more information on your rights and obligations when it comes to cashing these kinds of cheques, you can contact us directly for help.
- Call us at 1.888.564.9963 or
- Start a complaint
About Consumer Protection BC
We are responsible for regulating specific industries and certain consumer transactions in British Columbia. If your concern is captured under the laws we enforce, we will use the tools at our disposal to assist you. If we can’t help you directly, we will be happy to provide you with as much information as possible. Depending on your concern, another organization may be the ones to speak to; other times, court or legal assistance may be the best option. Explore our website at www.consumerprotectionbc.ca.