Accountancy, asked by parulranyal8629, 1 year ago

What is a certified check?

Answers

Answered by PiyushSinghRajput1
2
A certified check or certified cheque is a form of cheque for which the bank verifies that sufficient funds exist in the account to cover the cheque, and so certifies, at the time the cheque is written. Those funds are then set aside in the bank's internal account until the cheque is cashed or returned by the payee
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