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#681026 - 02/06/07 07:24 PM Cashier check remitter-move if in wrong forum.
mdog76 Offline
Platinum Poster
Joined: Jan 2007
Posts: 645

When a customer is issued a cashier's check for loan procedes, who should be listed as the remitter, the institution or the customer? We are split 50/50 on who it should be.

Please move if this is in the wrong forum.

Thanks.

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#681030 - 02/06/07 07:27 PM Re: Cashier check remitter-move if in wrong forum. mdog76
nemsi Offline
Gold Star
Joined: Nov 2005
Posts: 383
I say the bank should be listed as the remitter.

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#681521 - 02/06/07 11:41 PM Re: Cashier check remitter-move if in wrong forum. nemsi
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 79,633
Galveston, TX
Technically, since the remitter is the purchaser of the check and the bank already owns the check - I believe that there is no remitter in this case.
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