Thursday, January 26, 2017

What Is a Certified Check?

You’re closing an important transaction, and the seller asks you to pay by certified check. Fine, you say — but what is a certified check, and why and when should you use one? A certified check is a personal check written by an account holder, drawn on the holder’s account and guaranteed by the bank. See...


from NerdWallet
https://www.nerdwallet.com/blog/banking/certified-check/

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