When a cashier's check is presented for payment,the issuing bank debits its own account.

Name: When a cashier's check is presented for payment,the issuing bank debits its own account.
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When a cashier's check is presented for payment, the issuing bank debits its own account to make the payment. This is because a cashier's check is guaranteed by the bank, so the funds for the check are already set aside by the bank when the check is issued.

When a Cashier's Check Is Presented for Payment,the Issuing Bank