A check drawn directly on a customer's account, making the bank the primary obligor, and assuring firms that the amount will be paid.
A draft in which the drawer and drawee are the same bank or branches of the same bank.
Sometimes called a "bank check," it guarantees that a check is good because it is written against the bank's own account.
Negotiable instrument of guaranteed funds purchased from a state chartered bank. It can be cashed anywhere and if deposited in another bank, funds are available immediately.
A check that you purchase from the teller's window with cash from your account or cash from another source. The check is guaranteed from WPCCU . Checks can be issued up to $100,000 and the fee is $3.00 per check. A stop payment is available only in cases of loss, theft, or destruction of the check. Refunds may take between 30 to 90 days. Some retailers and places of business require Cashier's Checks versus personal checks because they are guaranteed.
A check drawn by a bank on its own funds.
For a cashier's check, you provide cash or money from your account in the amount of the check plus a service charge (usually form $2 to $5). You also tell the institution who is receiving the check. The institution writes a check (also called a bank check or teller's check) for you. This check is guaranteed not to bounce. A cashier's check is available from financial institutions.
Check drawn on the bank with a bank official's signature on the check.
A check issued by a bank, drawn on its own funds rather than on one of its depositor's funds.
a check issued by the officer of a bank on the banks own account (not that of a private person); "cashier's checks are as good as cash"
This is a secure check that can't bounce because the customer pays the bank then the bank makes the check payable to whomever the customers requests.
A check which is guaranteed to be honored because it is paid for in advance and in drawn from a financial institution's account instead of a client's bank account.
A check issued by a bank, drawn on its own funds rather than on the funds of its depositors.
A check issued by a financial institution, often issued to pay a customer's loan proceeds, or to be used rather than cash when a customer makes a large withdrawal.
A check written by a bank on its own funds in exchange for payment by an individual
A check drawn by a bank on itself rather than on an account of a depositor. A cashier's check is generally acceptable to close a sale without waiting for the check to clear.
A check made out from a bank's own account.
a check drawn on the account of a bank , rather than the account of one individual (such as your buyer). This type of draft is therefore a more reliable form of payment than a personal check.
A check that draws from a financial institution's account rather than a consumer's. Because a financial institution's check is less likely to bounce than a consumer's, cashier's checks are sometimes required by sellers for expensive transactions.
A check drawn by a bank on itself, signed by the Cashier or other authorized bank officer and payable to a third party named by the customer. Cashier's Checks are universally accepted.
A Cashier's Check is a currency transaction instrument drawn on the funds of the institution issuing the Cashier's check. Since the funds are drawn on the Credit Union itself, the amount is collected from the member at the time of purchase. Since these are guaranteed funds, a cashier's check should be handled as a cash transaction at any other financial institution.
A check drawn on the bank's own funds. It is often used to close a sale because there is generally no waiting for the check to clear.
A check whose payment is guaranteed because it is drawn on the bank's account rather than the customer's account. The customer pays in advance or has the funds withdrawn in advance from his or her account. Cashier's checks are also called bank checks.
A type of check that is as good as cash. When issuing a cashier's check, the financial institution deducts funds from the consumer's account and writes the check from its own account. There is usually a fee for a cashier's check.
A check the bank draws on itself rather than on a depositor's account.
A check whose payment is guaranteed because it was paid for in advance and is drawn on the bank's account instead of the customer's.
A check drawn by a financial institution on its own funds. The maker and the drawee bank are the same.
A check drawn by a bank on itself, signed by a cashier or bank officer and payable to a third party named by the customer. An instrument used to guarantee funds are available. There is usually a fee associated with cashier's checks.
A guaranteed check issued by a bank against money taken from a customer's account or against cash provided for this purpose.
A check guaranteed by bank funds rather than a depositor's account.
A check drawn on a bank. A cashier's check leaves no doubt that the funds represented by the check are real. A bank money order or a certified check would also assure the payee that the funds are in the bank. To Top
A cashier's check (also known as a bank check, official check, teller's check, bank draft or treasurer's check) is a check guaranteed by a bank. They are usually treated as cash since most banks clear them instantly.