Certified check
id:
certified-check-292-6753951
title:
Certified check
text:
A certified check is a form of check for which the bank verifies that sufficient funds exist in the account to cover the check, and so certifies, at the time the check is written. Those funds are then set aside in the bank's internal account until the check is cashed or returned by the payee. Thus, a certified check cannot be stopped or bounce, and, in this manner, its liquidity is similar to cash barring bank failure or an illegal act. In some countries, it is illegal for a regular bank to cert
brand slug:
wiki
category slug:
encyclopedia
description:
Check for which the bank verifies that sufficient funds exist
original url:
https://en.wikipedia.org/wiki/Certified_check
date created:
date modified:
2023-08-22T18:35:16Z
main entity:
{"identifier":"Q2971994","url":"https://www.wikidata.org/entity/Q2971994"}
image:
fields total:
13
integrity:
14