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cashier's check |
Also found in: Financial, Wikipedia | 0.07 sec. |
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cashier's check n. a check issued by a bank on its own account for the amount paid to the bank by the purchaser with a named payee, and stating the name of the party purchasing the check (the remitter). The check is received as cash since it is guaranteed by the bank and does not depend on the account of a private individual or business. Cashiers' checks are commonly used when payment must be credited immediately upon receipt for business, real estate transfers, tax payments and the like. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| What does each charge for services--like cashiers checks, safe deposit box rental and ATM use? account through phony interstate wire transfers and forged cashiers checks made payable to Altounian's jewelry store, Gold Crest Jewelers. Cashiers checks are close substitutes for money orders, so the reported data cover the proportion of banks and savings associations offering either of these instruments rather than the proportion offering each. |
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