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What is international certified bank draft?
An international certified bank draft is simply a check guaranteed, and issued from a foreign bank. The certified bank draft should be easier to cash than a personal check.
Can you return a certified check?
Certified cheques are bank certified in order to enable them to be received as cash. You cannot return a certified cheque, but you can cash it in.
Is there a time limit for cashing a certified check?
is there a money amout the bank will no cash on a certified check?
Where can you cash a certified check?
At your local bank
Can you put a stop payment on a certified check?
No, one cannot put a stop payment on a certified check. The point of issuing a certified check is to guarantee that the check can be cashed immediately - like cash.
Where can i cash a certified check if i don't have a bank account?
If you do not have a bank account you must go to a local branch of the bank who issued the Certified Check.
What do I need to do to buy a car from a private party?
Cash or certified check
When would you ues a certified check?
When the persone receiving the check, the payee, wants to ensure that there are sufficient funds and that the check wont bounce. A certified check is as good as cash and a more secure method of payment for the payee.
Who can certify a check?
Only the bank can certify a check, or someone at the bank. Usually, the bank will not certify a personal check, they will issue what is called a "certified check". A certified check is guaranteed to have available funds by the bank that certifies it. Certified means the funds are held aside. Anyone with a certified check made out to them can go to that bank and collect cash. In days of banking past, you could have a personal or business check certified by the bank, and they would stamp the check "certified" and hold the funds aside on that item. Now, the bank will just issue a certified check after taking the money from your account and the certified check will be drawn on the bank's account. This answer is for the U.S. banking system.
How long does a Certified check take to clear?
No time... Same as cash. The funds are collected by the bank when it is issued.
What is the difference between a personal check and a cashier's check?
== == Cashier's checks or Money Orders are certified checks because you must have cash to purchase these negotiable items, and these items are often insured by the issuing bank. Personal checks are not certified funds.
Does home depot take money orders traveler check cashier check and certified checks?
No, Home Depot does not accept money orders, travelers checks, cashier checks, or certified checks. They do accept cash, debit, credit, and personal checks.
