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What is a personal check for which a bank is guaranteed payment is called?
cashiers or bank check!
What is a check written by a bank on its own funds?
cashiers check
Is a cashiers check insured by the fdic?
It depends on if the bank is a member of the Federal Deposit Insurance Corporation or not. If you get a cashiers check from a bank that is insured by the Federal Deposit Insurance Corporation, then that check is insured.
Can i return a cashiers check i made out to the payee back to my bank for a refund?
Yes, bring the check back to your bank.
When the purchaser purchases a cashiers check from his bank are the funds taken out immediately?
yes
What is a personal check for which a bank is guaranteed payment is called?
cashiers or bank check!
Where can you cash a cashiers check?
At the bank that you use
A written check that the bank certifies is called a?
cashiers check
What is a check written by a bank on its own funds?
cashiers check
How do you issue a cashiers check?
A bank issues a cashiers check,on behalf of a depositor, by setting funds aside from the depositor's account.
Is a cashiers check insured by the fdic?
It depends on if the bank is a member of the Federal Deposit Insurance Corporation or not. If you get a cashiers check from a bank that is insured by the Federal Deposit Insurance Corporation, then that check is insured.
Where do you get cashier checks?
you can obtain a cashiers check at any bank
When a cashiers check is obtained from the bank does it need to be signed?
Yes, a cashiers check is signed by an authorized representative of the bank. Then the person the check is made payable to will have to endorse the back of it, just as is done on any other type of check.
Can a bank reverse a cashiers check deposit if only one of the payees has an account?
Yes, a bank can reverse a cashier's check deposit if only one of the payees has an account, depending on their policies and procedures. The bank may require both payees to endorse the check before depositing it to prevent any potential issues with the transaction. It's important to check with the bank for specific guidelines in such situations.
Can i return a cashiers check i made out to the payee back to my bank for a refund?
Yes, bring the check back to your bank.
Who signs the cashiers check?
A cashier's check is signed by an official representative of the bank that issues it.
Is a cashiers check cash?
No. Cash is actual bank notes/coins.
