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When making a deposit, the depositor is required to endorse all checks.

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When making a deposit, the depositor is required to endorse all checks.

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A bank issues a cashiers check,on behalf of a depositor, by setting funds aside from the depositor's account.

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Depositor's account need to be increased by 468 to actually show the correct balance in books of accounts and that is the difference in both amounts.

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Depositor's account need to be increased by 468 to actually show the correct balance in books of accounts and that is the difference in both amounts.

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Direct Deposit

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