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  2. Cashier's check - Wikipedia

    en.wikipedia.org/wiki/Cashier's_check

    However, with the introduction of Check 21, this is much less common as checks are cleared within 48 hours. [4] When customer asks a bank for a cashier's check, the bank debits the amount from the customer's account immediately, or receives the amount of the check in cash, and assumes the responsibility for covering the cashier's check.

  3. Cheque clearing - Wikipedia

    en.wikipedia.org/wiki/Cheque_clearing

    Cheque clearing (or check clearing in American English) or bank clearance is the process of moving cash (or its equivalent) from the bank on which a cheque is drawn to the bank in which it was deposited, usually accompanied by the movement of the cheque to the paying bank, either in the traditional physical paper form or digitally under a cheque truncation system.

  4. What is a cashier’s check? Definitions, uses, how to buy one ...

    www.aol.com/finance/cashier-check-definitions...

    A cashier’s check, also known as an official bank check, is a payment instrument issued by a bank or credit union to a third party, usually on behalf of a bank customer who pays the bank the ...

  5. How Long Does It Take for a Check To Clear? - AOL

    www.aol.com/long-does-check-clear-233335089.html

    Some types of checks deposited at banks are usually fully cleared by a bank’s next business day, including: Cashier’s checks Federal and state government checks

  6. Cheque - Wikipedia

    en.wikipedia.org/wiki/Cheque

    Cashier's cheques and banker's drafts, also known as bank cheques, banker's cheques or treasurer's cheques, are cheques issued against the funds of a financial institution rather than an individual account holder. Typically, the term cashier's check is used in the US and banker's draft is used in the UK and most of the Commonwealth. The ...

  7. What’s the difference between a cashier’s check and a money ...

    www.aol.com/finance/difference-between-cashier...

    A cashier’s check is a paper check issued by a bank to a third party, usually on behalf of a bank customer, who pays the bank the face value of the check. Because the bank withdraws funds from ...

  8. Cash management - Wikipedia

    en.wikipedia.org/wiki/Cash_management

    Automated cash handling is the process of dispensing, counting and tracking cash in a bank, retail, check cashing, payday loan / advance, casino or other business environment through specially designed hardware and software for the purposes of loss prevention, theft deterrence and reducing management time for oversight of cash drawer (till ...

  9. What Is a Cashier’s Check? Definition, Fees and How To Buy

    www.aol.com/finance/cashier-check-one-214301311.html

    A cashier's check is issued by the bank, signed by the cashier and guarantees payment. It can be used to make large purchases. ... or large payments that need to clear quickly. Unlike personal ...