Check Cashing & Remittance Store Manager

Also called: Money Services Business Manager, Remittance Agent Manager

Runs a neighborhood store that cashes paychecks, sells money orders and sends money to families in other countries for people without bank accounts.

A day in the life

A construction worker sends $400 to his mother in Guatemala, and you check his ID, run the transfer and print the receipt. You cash payroll checks, verify them with employers and fill out reports when transactions look like money laundering. Many customers come every Friday, and you know them by name.

Pay over a career

Starting
$32k
Typical
$44k
High
$62k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

High school diploma, about 0 years after high school. High school diploma; trained on the job; bilingual helps a lot.

Ways in: On-the-job training. Training cost: Under $15k.

Outlook

Growing slowly. Phone apps are taking some business, but millions of Americans still rely on these stores.

Will it last? Our AI estimate

Medium risk in 5 years, high in 10. Phone apps are taking over money transfers; cash customers and anti-fraud checks keep some stores busy.

Start now, in high school

Classes: Spanish, Business math, Personal finance.

Official data: O*NET occupation 41-1011.

More Banking & Lending careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.