Examlex
Identify the four different types of generational workers and discuss each generation's exceptions and characteristics in the workplace.
Nonlocal Check
A check written on an account at a bank which is located outside the local check-processing region of the bank at which it is deposited.
Depositary Bank
A financial institution that holds and manages securities deposits and facilitates trading of these financial assets.
Drawee Bank
Drawee bank refers to the bank upon which a check or draft is drawn, responsible for paying the specified amount of money to the entity presenting the check for payment.
Payor Bank
A bank that is responsible for paying the check or draft drawn on the funds deposited in an account.
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