Cashing BC Employment and Assistance cheques
The consumer protection law in BC speaks to how much can be charged for cashing specific types of government cheques. This fee cap applies to any business who cashes these cheques, including payday lenders.
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”
The most that can be charged to cash these cheques is either $2.00 plus 1% of the cheque amount or $10 – whichever is less. This means it should never cost more than $10 to cash these cheques.