0
What else can I help you with?
Can a cashiers check be cashed by the remitter if it has been made out for the wrong amount?
It is possible but does depend upon the policies of the issuing bank. The check can be negotiated by the remitter, however, the remitter's bank may not allow them to exchange the check for cash - they may require it be deposited bank into the remitter's account. The remitter would have access to the funds per that bank's funds availability policy, but no later than the next day in most cases.
Who is remitter?
the person making the payment
Does a regular check need a remitter?
No
Who is the remitter on a cashiers check?
the person who is making the check.
What is postage rate from Cancun Mexico to US?
It depends on destination and remitter.
What is remittance in transit?
Remittance in transit refers to a cross-border money transfer that is still in progress within the banking channel. The remitter's funds are snaking its way across to the beneficiary, and whilst it is in progress, the remittance (money transfer) is called or cited as remittance in transit.
Do I sign as the remitter on a cashiers check?
No, you do not sign as the remitter on a cashier's check. The bank issues the cashier's check, and it is signed by a bank representative. As the purchaser, you typically provide the funds and may need to fill out a request form, but you do not sign the check itself.
What are sources of remittance?
This can be two things: 1. Originator of funds (i.e. the remitter), the person(s)/entity that initiated the funds transfer, and 2. Source of funds, implying what are the source of funds for the remittance, i.e. where is this money coming from.
What is a Remitter?
a remittance advice is a written confirmation of payment,otherwise known as a receipt or in the USA a check.
Can my friend cash my postal money order at her bank?
According to the USPS web site, postal money orders can be cashed at banks and other financial institutions. I'm not sure what you mean by "my postal money order". If the money order was written to you, then your friend shouldn't be able to cash it. If you bought the money order and wrote it to her, then she should be able to cash it.
Can you send money from SBI account to SBH account through online banking?
The Remitter has to provide the following details:Amount to be remittedAccount number which is to be debitedName of the beneficiary bankName of the beneficiaryAccount number of the beneficiaryRemarks or description, if anyThe IFSC code of the beneficiary branch
What does MO TLR mean on bank statement?
MO TLR on a bank statement typically refers to a "Money Order Transaction – Teller." It indicates that a money order was purchased or cashed at a bank teller's window. This transaction shows the amount and date of the money order activity. If you see this on your statement, it reflects a cash movement involving a money order.
