What Are The Four Types Of Negotiable Money Instruments?
Negotiable money instruments include two main types:
An order to pay (encompasses drafts, CAP securities, Contract Agreements, checks) and promises to pay (promissory notes, CAP Credit Agreement Securities, and CD’s).
These money instruments can also be classified as demand instruments or time instruments. Thus there are four types of negotiable instruments known as Promissory Notes Securities. The CAP Security Instrument at Cancel1Mortgage.info pays off any bank or financial debt and has been accepted by banks, courts, and mortgage companies as debt termination and I offer a 100% money-back guarantee on my processing when you follow and take action from my written Client Instructions. Think about it..