In most countries, the signature that creates money typically belongs to the central bank's governor or the treasury secretary. For example, in the United States, the signatures of the Secretary of the Treasury and the Director of the Bureau of Engraving and Printing appear on currency notes. When these officials sign currency, it signifies that the money is backed by the government and is legal tender for transactions.
Jill Marcus
Check clearing is the process by which banks record whose account gives up money and whose account receives money when a customer writes a check. A bank holding company is a company that owns multiple banks.
No, you generally cannot cash a money order without a signature on the front. The signature is crucial as it indicates the payee's endorsement, authorizing the cashing or depositing of the money order. If the money order is unsigned, you may need to sign it in front of the cashing agent or follow specific procedures set by the issuer. Always check with the institution where you plan to cash the money order for their specific requirements.
Money
no
nothing
The taxpayer's money and the government's.
Check clearing is the process that banks utilize to record the account that the money originates from as well as the account the money is received at.
Technically, no. The Purchaser's signature is like the signature on the front of a personal or commercial check. Some money orders do not have a place for the Purchaser's signature, but at least a place for the purchaser's name and/or address. If the money order were cashed or deposited by an individual, the originating bank may reject the money order stating that there was no official authorization for issue. In other words, they could argue that some shady employee could have cut the money order on the sly for their own personal gain. Therefore, the funds would be bounced and the depositor or person cashing the money order would incur a fee.
Anything with the signature of princess Diana will be worth a deal of money. As it is a collectors item now.
Young Money
Jerry Jones