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A cashier may be required to know value and features of items for which money is received; may cash checks; may give cash refunds or issue credit memorandums to customers for returned merchandise; and may operate ticket-dispensing machines and the like. In one form or another, cashiers have been around for thousands of years.
Bank teller at work. (1992) Being front-line staff they are most likely to detect and stop fraudulent transactions in order to prevent losses at a bank (counterfeit currency and cheques, identity theft, confidence tricks, etc.). The position also requires tellers to be friendly and interact with the customers, providing them with information ...
A cashier's check (or cashier's cheque, cashier's order, official check; in Canada, the term bank draft is used, [1] not to be confused with Banker's draft as used in the United States) is a check guaranteed by a bank, drawn on the bank's own funds and signed by a bank employee. [2] Cashier's checks are treated as guaranteed funds because the ...
This guarantee often comes at a cost, but while most banks charge around $10 per check, some online banks offer cashier’s checks for free. Since cashier’s checks are among the most trusted ...
Since the bank guarantees the funds, people commonly use cashier’s checks for large transactions like paying a security deposit for a new apartment, buying a car or making a down payment on a house.
If you need a cashier’s check on a regular basis, you should find a bank or credit union that offers them for free to account holders. Online banks such as Ally Bank and Discover , for example ...
Cashier balancing [1] or cashing up is the process of a cashier counting the money in a cash register at the end of a business day or working shift. The process is usually conducted in businesses such as grocery stores , restaurants and banks , and makes the cashier responsible for the money in their cash register.
A cashier's check is an official check written and guaranteed by a bank. The person purchasing the cashier's check pays the bank for the check. The bank then writes the check out to the designated ...