What is a money corp and it in Ohio?

A money corp, or money corporation, is a financial institution that provides a variety of financial services, including currency exchange, money transfers, and check cashing. Money corps are often found in areas with a high immigrant population, as they provide a convenient way for people to send money to their home countries.

In Ohio, there are a number of money corps that operate throughout the state. These companies typically have multiple locations, and they offer a variety of services, including:

* Currency exchange: Money corps can exchange foreign currency for U.S. dollars, and vice versa.

* Money transfers: Money corps can send money to countries around the world, either through a bank transfer or a cash pickup.

* Check cashing: Money corps can cash checks, even if the person cashing the check does not have a bank account.

* Prepaid debit cards: Money corps offer prepaid debit cards that can be used to make purchases online or in stores.

Money corps are a convenient way for people to access financial services, especially if they do not have a bank account or if they need to send money to another country. However, it is important to compare the fees charged by different money corps before choosing one, as the fees can vary significantly.

Here are some of the most popular money corps in Ohio:

* MoneyGram

* Western Union

* Ria Financial Services

* Vigo Remittance

* InterCambio Express

* Remitly

* PayPal

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