A _____ is drawn on the account of the bank itself and signed by an authorized bank representative in return for a cash payment to it from the customer.

Question

Quizplus · Accepted Answer

A cashier's check is drawn on the account of the bank itself, and is signed by an authorized representative of the bank. It is issued when a customer provides cash to the bank, and the amount of the check is guaranteed by the bank.

A _____ Is Drawn on the Account of the Bank