| Definition:
A cashier's
check is drawn on our bank's account and is guaranteed by us.
The official check satisfies the occasional need for guaranteed
funds without the risk of dealing in cash.
|
| Features:
|
Benefits:
|
|
|
- Immediate
acceptance of payor
|
-
Specific name of payee, amount and remitter typed on check
|
- Check is less negotiable, more secure than cash
|
|
|
- Easy to
retrieve information
|
Opening
Requirements:
- Acceptable
ID
- Account
Holder
|
|
