A check drawn by a bank against itself, and usually signed by its cashier - if it has an officer with such title - payable when presented at the bank drawing the same. Such a check is commonly used by a person whose own check, for the purpose desired, would not be so readily accepted as the check of some known bank. A " cashier's check " may be used by a person not having a bank account, and, therefore, unable to draw a check of his own. Any such person may obtain a " cashier's check " at a bank by paying an equivalent in cash; the bank, possibly, making some slight charge for the accommodation. This check is also used by the bank itself in paying for securities, bills of exchange, in discounting notes, and generally in payment for supplies, .expenses, etc., also for dividends to shareholders; but for this purpose a special form may be used. A check drawn by one bank against another in a distant place, in which it has a deposit, is not a " cashier's check," but " New York funds " (or money), " Boston funds," etc., depending upon the city in which the latter bank is located. The charge in this case is largely dependent upon the rate of " exchange" at the time upon the point against which the check is drawn.