I & B Check Cashing logo

I & B Check Cashing in Brooklyn, NY

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MoneyGram location at I & B Check Cashing offering money transfers, cash services, and financial transactions at 2346 Flatbush Ave in Brooklyn with extended weekday hours.

Data compiled from public sources

I & B Check Cashing Review

I & B Check Cashing operates as a MoneyGram agent location in the Flatbush neighborhood of Brooklyn, New York. The business functions as a cash services hub providing access to MoneyGram's global money transfer network alongside traditional check-cashing services. The location has been established as a service point (#4) within the MoneyGram Brooklyn network, serving the local community's financial transaction needs.

The primary services offered include money transfers through MoneyGram's platform, which enables customers to send and receive money both domestically and internationally. The location provides cash-related financial services requiring valid legal identification for all transactions. Customers can manage transfers online or visit the physical location at 2346 Flatbush Avenue to conduct in-person transactions. The company emphasizes accessibility through both digital and offline service channels.

The business distinguishes itself through extended operating hours, remaining open from 7:00 AM to 8:00 PM Monday through Friday, with Saturday service until 5:00 PM. This schedule provides convenient access to cash services during both early morning and evening hours. The location's integration with MoneyGram's established infrastructure offers customers access to a reported, internationally recognized money transfer platform. The physical storefront location in a residential Brooklyn neighborhood makes the service accessible to the local community.

I & B Check Cashing functions primarily as a MoneyGram agent rather than an independent check-cashing operation, which means service offerings are limited to what MoneyGram provides. The website content focuses on money transfer capabilities without detailing check-cashing specific features, fees, or other traditional check-cashing services that might be available. Operating hours on Sunday listed as 12:00 AM to 12:00 AM appear to be a website error requiring direct contact for clarification. The business model is agent-based, meaning offerings and policies align entirely with MoneyGram's corporate standards.

Services & Features

Cash pickup for received transfers
Cash-related financial services
In-person transaction services at physical location
Legal ID verification for cash services
Money transfer management online or in-person
MoneyGram international money transfers
MoneyGram money transfers (domestic)

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • Extended weekday hours (7 AM - 8 PM Monday-Friday) provide convenient access before and after typical business hours
  • Saturday service until 5 PM offers weekend accessibility for working customers
  • Part of MoneyGram's global money transfer network enabling international and domestic transfers
  • Both online and in-person service options allow flexible transaction management
  • Local neighborhood location in Flatbush, Brooklyn serves the surrounding community
  • Established as a verified MoneyGram location (#4 in Brooklyn network) with brand recognition
  • Legal ID requirement provides security and compliance for financial transactions

Cons

  • Website does not display specific fees, exchange rates, or pricing for money transfer services
  • Limited information about traditional check-cashing services beyond MoneyGram transfers
  • Sunday hours listed as 12:00 AM - 12:00 AM appear to be a website error requiring phone confirmation
  • No details provided about maximum transfer amounts, processing times, or service limitations
  • Operates as a MoneyGram agent only, limiting services to MoneyGram's offerings without independent flexibility

State Consumer Finance Context

This is state-level context for Check Cashing & Money Services consumers in Brooklyn, NY. It does not confirm that I & B Check Cashing or this specific location is licensed.

State regulator

New York Department of Financial Services

Money services context in New York

Short-term lending status: Banned

General rate context: 16% civil usury; 25% criminal usury; payday lending banned

New York bans payday lending through its 16% civil usury and 25% criminal usury caps. The Department of Financial Services aggressively pursues illegal online payday lenders. Consumers have strong protections under state law and can file complaints with DFS or the Attorney General.

Key state rules to check

  • Payday lending is banned; civil usury cap of 16% and criminal usury cap of 25% make it illegal.
  • The Department of Financial Services actively enforces against online payday lenders targeting NY residents.
  • Licensed lenders under the Banking Law may charge rates agreed upon for certain loan types.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Frequently Asked Questions

What services does I & B Check Cashing offer?

I & B Check Cashing offers 7 services including MoneyGram money transfers (domestic), MoneyGram international money transfers, Cash pickup for received transfers, Money transfer management online or in-person, Cash-related financial services, and 2 more.

What profile signals are listed for I & B Check Cashing?

I & B Check Cashing has profile signals associated with Brooklyn residents needing convenient money transfers with extended evening hours, Customers sending international remittances through MoneyGram's established network, Working professionals requiring cash services outside typical 9-5 business hours, Individuals without bank accounts seeking reliable money transfer services.

What are the strengths and weaknesses of I & B Check Cashing?

Key strengths: Extended weekday hours (7 AM - 8 PM Monday-Friday) provide convenient access before and after typical business hours; Saturday service until 5 PM offers weekend accessibility for working customers; Part of MoneyGram's global money transfer network enabling international and domestic transfers. Areas to consider: Website does not display specific fees, exchange rates, or pricing for money transfer services; Limited information about traditional check-cashing services beyond MoneyGram transfers.

How does I & B Check Cashing compare to similar companies?

In the Check Cashing & Money Services category, comparable providers include 10th Avenue Check Cashing Corporation, A & S Foreign Exchange Inc, E Z Money LLC. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Headquarters
2966 Avenue U, Brooklyn, NY 11229
BBB Accredited
No
Visit I & B Check Cashing

CreditDoc Profile Note

Research Note on I & B Check Cashing

I & B Check Cashing functions as a MoneyGram agent location best suited for Brooklyn residents needing convenient money transfers and cash services with extended weekday and Saturday hours. The main limitation is that specific service details, fees, and traditional check-cashing capabilities are not documented on the MoneyGram website; direct contact at (718) 951-7111 is necessary for detailed service information and pricing.

Profile Signals

  • Brooklyn residents needing convenient money transfers with extended evening hours
  • Customers sending international remittances through MoneyGram's established network
  • Working professionals requiring cash services outside typical 9-5 business hours
  • Individuals without bank accounts seeking reliable money transfer services
Updated 2026-05-08

Similar Companies

10th Avenue Check Cashing Corporation logo

10th Avenue Check Cashing Corporation

10th Avenue Check Cashing Corp cashes checks, processes money orders, and offers bill payment services in Hell's Kitchen, Manhattan. Open 7 days with convenient midtown location.

BBB: NR

Profile signals: Hell's Kitchen residents needing local check-cashing without traveling to other neighborhoods, Customers who need multiple services (check cashing + bill payment + metro cards) at one stop

A & S Foreign Exchange Inc logo

A & S Foreign Exchange Inc

A & S Foreign Exchange Inc. is a New York-based currency exchange and traveler's check service operating for over 27 years, offering rate claims to verify on major world currencies.

BBB: NR

Profile signals: International travelers departing from or returning to the New York area needing currency exchange, Customers requiring physical in-person currency exchange with immediate transactions

E Z Money LLC logo

E Z Money LLC

Multi-service financial center offering check cashing, payday loans, prepaid cards, and money transfers. Licensed in Iowa, Michigan, Missouri, and North Dakota.

BBB: NR

Profile signals: Consumers without traditional bank accounts who need immediate check cashing without fees or holds, Unbanked or underbanked workers in covered states needing occasional emergency cash advances

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Quick Summary

  • I & B Check Cashing is listed as a Check Cashing & Money Services provider in Brooklyn, NY on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
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