BANK CHECK VS CERTIFIED CHECK
03 Aug 2024
min de leitura
BANK CHECK VS CERTIFIED CHECK
As for the differences between a bank check and a certified check, a bank check is usually issued by a bank, through an account of the bank itself, at the request of the client of the bank to which the check is to be issued.
The bank cheque is characterized by having a balance guarantee, with the amount being “blocked” from the outset, and it must be nominative, i.e. it must be clearly defined who the beneficiary of the cheque is.
A certified check, on the other hand, is a type of check issued by the bank customer, where the bank certifies that the account from which the amount will be debited has the balance for payment.
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