RMO sets check-cashing fees that are designed to be more affordable than standalone check-cashing storefronts and competitive with bank branch services for members.
How RMO compares:
- Standalone check-cashing storefronts: typical 1.5–10% of check value depending on check type, often with a $5–$20 minimum. Fees climb sharply for non-bank checks.
- Big-bank branches: often do not cash checks for non-customers, or charge $5–$8 per check.
- RMO target: low or waived fees for members on payroll and government checks; competitive flat fees on personal and business checks.
Typical RMO check-cashing fee structure:
- Payroll and government checks (members): Often free or very low flat fee.
- Personal checks (members): Small flat fee depending on amount and member tier.
- Out-of-network or unfamiliar bank checks: Higher fee or a brief hold while the check clears.
- Mobile deposit through MyRMO: No fee.
What affects the fee you'll see:
- Type of check (payroll vs. personal vs. business).
- Issuing institution and your relationship to the issuer.
- Check amount.
- Your RMO membership tier.
Exact fees are confirmed before you complete the transaction. The full check-cashing fee schedule is available at any RMO Retail Center.