Mortgage Banker Question:

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What do you mean by 'cheque endorsing'?

Mortgage Banker Interview Question
Mortgage Banker Interview Question

Answer:

'Endorsing cheque' ensures that the cheque get deposited into your account only. It minimizes the risk of theft. Normally, in endorsing cheque, the cashier will ask you to sign at the back of the cheque. The signature should match the payee.

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