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Wednesday, February 6, 2008

If you wish to use your check to pay the note, should in some other bank, or in real estate



If you wish to use your check to pay the note, should in some other bank, or in real estate purchase, either stocks, or bonds, you can find necessary to certify the check. It is made by the official of bank who writes or prints through the person of the check of a word 'or' Good When Properly Confirmed, 'and signs its name. (See an illustration). The quantity will be immediately subtracted from your account, and bank, guaranteeing your check, becomes responsible for its payment. Banks will usually certify any check, caught up them if to the investor have called for quantity to its credit irrespective of who represents the check, and this certificate does it for the person to bear in its pocket any quantity of actual cash. If you certify the check and then not use it, bring it in your bank, differently your account will be short quantity for which will delay the check. In Canada all checks are presented 'the keeper of the account book' for the certificate before to be presented to the paying cashier.
The certified check.
[15]
FULL VALUE OF BANKS




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