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What is a personal check for which a bank is guaranteed payment is called?

cashiers or bank check!


Who should I consult to set up an annuity payment?

There are plenty of companies that sell annuities, e.g. https://www.jackson.com/Index.jsp . Once you make the payment and it matures, you can get a guaranteed monthly payment for life.


Is a cashier's check considered cash when making a payment?

A cashier's check is considered a secure form of payment, similar to cash, because the funds are guaranteed by the bank.


What are the sources of reservation?

There different sources of reservation in the hotel industry. The main types include guaranteed reservation and non guaranteed reservation with the main source being the mode of payment.


Can a date for PayPal payment be changed?

Yes, if you negotiate with the seller and they agree to it. It's not a guaranteed thing, though.


What is the best way to receive payment for a car?

The best way to receive payment for a car is through a secure method such as a bank transfer or a cashier's check to ensure the transaction is safe and the funds are guaranteed.


Can a cashier's check be cashed immediately?

Yes, a cashier's check can typically be cashed immediately because it is considered a guaranteed form of payment.


Can a cashier's check be cashed at any bank?

Yes, a cashier's check can typically be cashed at any bank, as it is considered a guaranteed form of payment.


Will a bank cash a cashier's check immediately?

Yes, a bank will typically cash a cashier's check immediately as it is considered a guaranteed form of payment.


What is the difference between a money order and a bank draft?

A money order is a prepaid payment method purchased from a post office or retail store, while a bank draft is a payment guaranteed by a bank and drawn from the payer's account.


Difference between pay order and cheque?

A pay order, is a banker's or cashier's cheque. It is guaranteed to be paid by the bank and is the preferred method of payment for larger purchases such as cars and homes. A cheque is written directly on a customer's account and is not guaranteed by the bank.


What happens when a car payment go into default for the cosigner?

The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.