Which option correctly names the signer for cashier's checks?

Which option correctly names the signer for cashier's checks?

• A. Teller
• B. Customer
• C. Loan Officer
• D. Branch Manager or BSM

Answer: (D)

Cashier’s checks are bank-issued instruments guaranteed by the bank itself, so the signer must be someone who has the authority to bind the bank to its payment. That’s why the signer is typically a Branch Manager or a designated signing authority at the branch (BSM). A teller handles routine transactions but doesn’t carry the authority to guarantee the bank’s obligation on a cashier’s check, and a customer cannot sign to bind the bank. A loan officer isn’t the standard signer unless they also hold that signing authority. So, Branch Manager or BSM is the appropriate signer because they have the official authorization to issue and guarantee cashier’s checks.

Cashier’s checks are bank-issued instruments guaranteed by the bank itself, so the signer must be someone who has the authority to bind the bank to its payment. That’s why the signer is typically a Branch Manager or a designated signing authority at the branch (BSM). A teller handles routine transactions but doesn’t carry the authority to guarantee the bank’s obligation on a cashier’s check, and a customer cannot sign to bind the bank. A loan officer isn’t the standard signer unless they also hold that signing authority. So, Branch Manager or BSM is the appropriate signer because they have the official authorization to issue and guarantee cashier’s checks.