Class Code: 8856

Per NCCI's Scopes Code Description:

Code 8856 applies to establishments that cash checks for a fee. Generally, customers will present checks they need cashed. Employees may ask for identification and other paperwork in order to cash the check. The fee charged may be a flat fee or based on the face value of the check to be cashed.

Other services provided by these types of risks include but are not limited to electronic bill payment services; electronic tax preparation and filing; selling public transportation fare tokens; receiving motor vehicle license plates and titles; notary services; utility, cable, and telephone payments; prepaid phone and credit cards; and mailbox rentals.

Related Operations Not Classified to Code 8856:

•    Refer to Code 8855 for risks operating banks.
•    Refer to the appropriate store classifications for risks operating pawn shops.

Rate per $100. of Renumeration: $ 0.36

Construction Exemption Required: No