A comprehensive guide on the procedures required to reactivate a dormant account, including historical context, types, key events, and detailed explanations.
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 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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