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What are the features of a Cashier's Order?

  • All Cashier's Orders are pre-printed with the crossing “NOT NEGOTIABLE".
  • To be issued for use only within the clearing area of the issuing Bank and if cleared outside the clearing area then the normal outstation cheque commission is payable.
  • Should be accepted as good by the payee as it has been paid for by the customer at time of issue. It cannot be returned except for technical reasons.
  • To be used by customers who do not have a current account but wish to make payments by cheques or in situations when a personal cheque is unacceptable.
  • Issued in Malaysian Ringgit only.

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