Negotiable instrument of guaranteed funds purchased from a national bank. It can be cashed anywhere and if deposited in another bank, funds are available immediately
A check that is (1) drawn on a credit union, (2) signed by a credit union officer or authorized signer on behalf of the credit union as a drawer, (3) a direct obligation of the credit union, and (4) provided to a member of the credit union or obtained from the credit union for remittance purposes.
A check that is (1) drawn on a financial institution, (2) signed by an officer or authorized signer on behalf of the financial institution as a drawer, (3) a direct obligation of the financial institution, and (4) provided to a member of the financial institution or obtained from the financial institution for remittance purposes.
A check that is (1) drawn on a bank, (2) signed by a bank officer or authorized signer on behalf of the bank as a drawer, (3) a direct obligation of the bank, and (4) provided to a customer of the bank or obtained from the bank for remittance purposes.
A check or written instrument for which a bank, financial organization, or business association is directly liable, including but not limited to drafts, money orders, traveler's checks, cashier's checks, expense and payroll checks.