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What are the types of bank drafts?
There are regular bank checks, corporate checks, and certified checks. These are all considered bank drafts, meaning the funds must still be cleared by the bank itself.
Do you have to sign a bank draft?
During Issuance - No. Bank Drafts are certified instruments issued by banks and they will be signed only by an authorized person of the bank and not by any customer. If you have received a draft and want to cash it, then yes - you need to sign on the back side of the draft in order to cash it
Are bank drafts safe?
Yes they are. (Provided you do not lose them)
What are the duties and responsibilities of bank teller?
he is the point of the customer,so he has to clear their issuing bank drafts and cheques.
What is international certified bank draft?
An international certified bank draft is simply a check guaranteed, and issued from a foreign bank. The certified bank draft should be easier to cash than a personal check.
Who can certify a check?
Only the bank can certify a check, or someone at the bank. Usually, the bank will not certify a personal check, they will issue what is called a "certified check". A certified check is guaranteed to have available funds by the bank that certifies it. Certified means the funds are held aside. Anyone with a certified check made out to them can go to that bank and collect cash. In days of banking past, you could have a personal or business check certified by the bank, and they would stamp the check "certified" and hold the funds aside on that item. Now, the bank will just issue a certified check after taking the money from your account and the certified check will be drawn on the bank's account. This answer is for the U.S. banking system.
Are Certified checks are guaranteed by your certified signature?
No. Certified checks are guaranteed by your bank's signature.
Where can i cash a certified check if i don't have a bank account?
If you do not have a bank account you must go to a local branch of the bank who issued the Certified Check.
WHO IS International Certified Bank?
A SCAM
Where can you purchase a certified check?
At a bank.
How do you convince the judge you dont have the money to pay back?
your honour please see my bank drafts
I heard that there is cease & hold at the bank,Is this true?
Yes there is in the cases of over drafts and taxes withholdings
