certified check
Funds-verified bank draft
A certified check is a personal check that the bank has verified and guaranteed.
The bank confirms that sufficient funds exist in the account and sets those funds aside, then stamps or marks the check as certified.
This makes it more secure than a regular personal check for large transactions: The seller required a certified check for the down payment.
Prepaid negotiable instrument
- bank draftGuaranteed payment instrument
- depositPlace for safekeeping
- clearingTreeless space in forest
- fundsAvailable financial resources
payee · drawer · endorsement · teller · account · withdrawal · transaction · settlement
Stopping dishonest financial activity
- watermarkTranslucent authentication mark
- security featuresProtective design elements
- holdMaintain in grasp
- verificationProving something accurate
bank guarantee · tamper-proof · secure payment · risk mitigation
Confirming genuine identity
- signature verificationConfirming a signing's authenticity
- notarizationOfficial document verification
- validityQuality of being sound
- confirmationEstablishing something as true
documentation · legitimacy · stamp · official seal · identity verification · authorization
money order
Prepaid negotiable instrument
- bank draftGuaranteed payment instrument
- depositPlace for safekeeping
- clearingTreeless space in forest
funds · payee · drawer · endorsement · teller · account · withdrawal · transaction · settlement · balance
fraud prevention
Stopping dishonest financial activity
- watermarkTranslucent authentication mark
- security featuresProtective design elements
- holdMaintain in grasp
verification · bank guarantee · tamper-proof · secure payment · risk mitigation
authentication
Confirming genuine identity
- signature verificationConfirming a signing's authenticity
- notarizationOfficial document verification
- validityQuality of being sound
confirmation · documentation · legitimacy · stamp · official seal · identity verification · authorization
- checkspaycheck, preflight, final review, checkup, checklist
- financial instrumentspromissory notes, bond fund, cheque, government bond, bank drafts
- negotiable instrumentsbill of exchange, promissory note, promissory notes, bank draft, cheque
- paymentspayment, monthly payment, cash payment, payment date, credit cards
- guaranteesguarantee, warranty, guaranty, pledge, oath
- safe deposit itemscash, coins, jewelry, valuables, documents
certified checkpersonal check
Written order to pay
rubber check · bad check · bounced check · dishonored check · postdated check
certified checkpersonal check
Written order to pay
IOU · promissory note · credit
check, checked, checking, checks, certify, certified, checker, certification, uncertified