Ah, life. 1.85 percent on checks above $500. In the state of Illinois, the fees are as follows: 1.4 percent of the face amount plus a service charge of 90 cents on all checks of $500 or less. Currency Exchange Act provides for the licensing and regulation of community and ambulatory currency exchanges including, but not limited to, enforcement of rules and regulations for rates, records and ratemaking procedures.. Rules & Regulations PART 120 Currency Exchange Act PART 125 The formulation and issuance of schedules of maximum rates for check cashing … ; If you’re cashing a personal check, … Right now cashing a $100 check costs $2.40; after the increase it would cost $3.50. There is a fee for each check cashed with them based on each location's pricing. The closure of 203 currency exchanges in Illinois in the last 10 years is leading the industry to push for higher fees. The cost to cash a check is now determined by check type in addition to check amount.. We make the process of exchanging currency fast and simple. Operating since 1937, today there are over 500 Currency Exchange stores in Illinois. Click to view a flyer explaining the rates in English or in Spanish.. The annual license fee for each community currency exchange shall be $400 for each licensee and $400 for each additional licensed location. A license renewal sticker starts at $101. If you have time to spare go to the SOS. They charge a convenience fee for time one would normally spend waiting in long line(s) at SOS. All fees charged must be posted in a readily visible place inside the currency exchange. 3 Crystal Lake Plaza Crystal Lake, IL 60014 Get Directions → Phone: 815-455-1690 Fax: 815-455-2851 Business Hours: M-F 9am-8pm Sat 9am-5pm Sun 10am-3pm Some of them bring tears of joy, others tears of sadness. You bring in your American cash and we use the latest exchange rates to turn it into the currency of your choice. If you want to be in and out currency exchange is the way to go. The vehicle registration fee is $150. If you’re cashing a payroll check for $1000 or less, you may see a small increase of less than $1. The annual license fee for each location served by an ambulatory currency exchange shall be $25. NEW CHECK-CASHING RATES. Effective July 1, 2018, at Illinois Currency Exchanges. (Source: P.A. However, the Currency Exchange doesn't cash your checks for free. The company cashes more than 23 million checks a year totaling $6.7 billion in money distributed. But no matter which major life event you find yourself a part of, you can rest easy knowing that we’ve got you covered on the paperwork. It’s full of monumental occasions. Currency Exchange & Travel Money at Great Rates | … How to Exchange Currency in Carpentersville, IL. 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