Cashier’s Check Remitter: What You NEED to Know!
Understanding cashier’s checks involves several key players. The issuing bank, like Wells Fargo, guarantees the funds, differentiating it from personal checks. The payee, or the recipient, receives the funds from the cashier’s check. The Uniform Commercial Code (UCC) provides the legal framework governing these transactions. So, who is the remitter on a cashier’s check? The […]