Examlex
There is research that suggests cultural grouping (e.g., Asian, Latin, and European) explain compensation practices much worse than country-level customs and laws.
Customer's Death
refers to the event of a customer dying, potentially affecting their ongoing contracts and the legal obligations or rights of the entities they were engaged with.
Deceased Customer
A deceased customer refers to an account holder or client of a bank or financial institution who has passed away, initiating specific legal and operational procedures regarding the handling of the individual's assets and accounts.
Check Payment
A method of payment wherein the payer writes a check to the payee, who then deposits or cashes the check to receive the amount specified.
Teller's Check
A bank check that is drawn on the bank's own funds and signed by a cashier.
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