by John Burnett, BOL Guru Guru Bios
Question: A customer has requested a cashiers check with the 'remitter' to be anonymous. Can we do this?
Answer: That is strictly a policy decision for your bank. It's possible that the customer wants a donation, for example, to remain anonymous, and I applaud that wish.
Just remember that, if the bank's policies require that remitter information be recorded (for BSA/AML or other reasons), it's perhaps possible for the remitter's name to be omitted from the printed check. As far as I know, such an accommodation would not violate any regulation or law.
BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services.