What kind of check is an official check?

Description. An official bank check is one that is issued by a bank on your behalf that serves as a guarantee of funds. The funds are first withdrawn from your account before the check is issued to you. These checks are issued as offical bank checks and signed by a bank representative.

Who signs the remitter line on a cashiers check?

Who Signs the Remitter on a Cashier’s Check? Cashier’s checks are issued by banks and carry the same value as cash in many instances. Their value is sworn to by the issuing bank and they can only be used by the person to whom they are issued, the remitter.

Does the remitter endorse the check?

The remitter determines the amount and “endorses” the checks to the payee. The payee is simply the person getting paid with the check. Without the endorsement of the remitter, there is no way the payee can use the check for cashing or depositing it on his account.

How do I get an official check?

How can I get a cashier’s check?

1. Have the exact amount and recipient’s name ready before requesting the check, as well as personal identification.
2. Visit a nearby branch and request the check from a teller.
3. Pay the check amount plus any applicable fee.
4. Get a receipt.

What is remitter on a cheque?

The remitter is merely the person who pays the fee to have the check created. According to the Wyoming Legislative Service Office Statutes, in regard to negotiable instruments, the remitter is “a person who purchases an instrument from its issuer if the instrument is payable to an identified person other than the purchaser.”

Who signs a cashier’s check?

A cashier’s check is a check drawn directly from a bank’s own funds in the bank’s name. It is typically signed by a teller, also known as a cashier, hence the name. Once a cashier’s check has been created, the bank is responsible for paying the amount on the check directly to the payee.

Where can I cash a cashier’s check?

Cashing the Check. A cashier’s check can be presented for payment at your financial institution, at the bank or credit union where it was issued, or many other facilities that offer check-cashing services.

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