Cashier's check

Cash check is a check in which the bearer receives the amount in cash from the issuer's bank. However, if the cashier's check is presented at another bank, the check carrier often has to wait a few days for payment, as the bank first has to collect the amount from the bank in question. An exception, however, is the euro check. If it is issued up to an amount of 400 DM, it can be redeemed immediately by any bank.

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