Banking Procedures

Guarantee of Signature: Authenticating the Signatory in Financial Transactions
A guarantee of signature is a certificate issued by a bank or brokerage firm vouching for the authenticity of a person's signature, often required when transferring registered securities.
Uncollected Funds: Understanding Bank Deposits
Uncollected funds refer to the portion of a bank deposit made up of checks that have not yet been collected by the depository bank. Payment acknowledgment has not yet been received from the bank on which the check was drawn.

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