Search results
Results from the WOW.Com Content Network
A certified check will cost more than some other payment options. While personal checks typically cost a few cents each, you can expect to pay $15 to $20 for a certified check.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
A certified check (or certified cheque) is a form of check for which the bank verifies that sufficient funds exist in the account to cover the check, and so certifies, at the time the check is written. Those funds are then set aside in the bank's internal account until the check is cashed or returned by the payee.
The counterfeit cashier's check scam is a scheme wherein the victim is sent a cashier's check or money order for payment on an item for sale on the Internet. When the money order is taken to the bank it may not be detected as counterfeit for 10 business days or more, but the bank will deposit the money into the account and state that it has ...
Cashier's checks, often used for down payments on homes or vehicles, serve as a bank-certified alternative to personal checks. Rather than being drawn from the funds in a personal account, a ...
A banker's draft (also called a bank cheque, bank draft in Canada or, in the US, a teller's check) is a cheque (or check) provided to a customer of a bank or acquired from a bank for remittance purposes, that is drawn by the bank, and drawn on another bank or payable through or at a bank. [1]
Certified funds are a form of payment that is guaranteed to clear or settle by a bank or other financial institution certifying the funds. [ 1 ] [ 2 ] The term is most commonly used in North America in the context of real estate transactions .
The transaction value based on the October 1, 2007 closing price of TD common shares is $42.37. After TD Bank acquired Commerce Bancorp, Vernon Hill subsequently left that company and instead joined Republic Bank, recreating Republic Bank as a 'retail store' bank. [26] [27] [28]