What is a bank check? (with photos)

A bank check can be used to make large purchases without using cash or a debit or credit card.

A bank check or bank check is a check guaranteed by the bank that issues it. In most cases, it lists the bank’s head office or branch as the issuer and the person or company receiving the money as the beneficiary; the name of the person who requested the draft is often not included. Unlike a personal check, which can be returned if the account holder does not have enough cash to cover it, there is virtually no chance that a legitimate bank check will not be honored and paid in full. This term is more commonly used in the UK than in the US, where the checkbox’s is a similar, more common method of guaranteed payment.

how to get one

A bank check or bank check is a check guaranteed by the bank that issues it.

To obtain a bank check, the customer must make an application to the bank, which usually involves some paperwork. The bank will ensure that the customer has enough money to cover the requested amount and will deduct it from the person’s account. The invoice will then be issued, naming the bank itself – usually the head office – as the entity making the payment and is normally signed by at least one manager. It is given to the person who requested it, who can use it to pay for the purchase. As the withdrawal is written at the bank itself, payment is guaranteed in most cases.

In the United States, a bank check is more often called a cashier’s check.

Normally, the person requesting the withdrawal is charged a fee, defined by the amount of the check. Many people find that the security of this type of payment is worth the cost, however, especially for one-time payments. Customers who must regularly purchase a lot of bank withdrawals can get a discount.

How To Cash One

It is usually not necessary to have an account to withdraw a bank withdrawal. The payee can normally take it to any bank and receive the check amount in cash. If the withdrawal is for a large amount, however, the bank may require it to be deposited directly into a checking or savings account. It may be possible for the beneficiary to open an account, however, so that he or she can access the money.

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A bank check offers several protections that a personal check does not.

Most of the time, bank withdrawals are used by people who need to make large payments. Someone might need to use one to make a deposit on a house, for example, or to pay for a car purchased directly from a private seller. They are considered much safer than personal checks as the funds come from the bank rather than the individual, and are especially useful in situations where the seller is not able to accept a credit or debit card as payment.


The biggest advantage of using the boleto is that payment is guaranteed, both for the buyer and for the seller. While some people prefer to pay in cash, this is not very secure, especially when large amounts of cash are involved. Also, getting a guaranteed cashout provides a record of the transaction in case there is any doubt about it, while the money does not. The withdrawal is usually made in the name of the person to whom the payment is made, and this is also recorded. How much money was withdrawn from the applicant’s account is listed in the bank’s records, although it is not possible to prove that the money was given to a third party.


Despite the guarantee of payment in cases where bank withdrawal is legitimate, this form of payment is sometimes subject to fraud. The name of the person who made the purchase never appears in the draft, so a criminal can create a fake check that looks like it was issued by a real bank and never needs to include a real (or fake) name. Most authentic checks include holograms and other security features, but if the seller isn’t familiar with what a real one looks like, they could be fooled. A fraudulent bank check will not be paid.

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Experts urge caution when accepting a bank draft as payment, particularly during times when financial institutions are normally closed, such as Friday evenings or the weekend. Payment that is offered for goods before the potential buyer has even seen them should also be suspect. A potential buyer who shows up with a bank check in hand on a Sunday morning to buy a car from a private seller, without even asking to test drive it, is probably not up to anything. Sellers should never accept a form of payment that appears questionable or cannot be verified.

International Transfers

It is possible to send a bank draft by mail to another country to transfer currency. Policies on international drafts vary, so customers who want to transfer money this way should contact their bank directly with any questions. The person requesting the draft usually makes the request in his or her local currency, which is converted to that of the payee when the draft is issued. In many cases, an international bank draft must be deposited into a bank account and cannot be submitted for cash.

Additional fees may be involved when international bank drafts are purchased and deposited. One main advantage of using this form of payment is that it usually clears much more quickly than a personal check, often in the same amount of time it takes a local check to be cleared. Sending the draft by certified mail with a tracking number can help to ensure safe delivery.

Automatic Bank Drafts

Many companies now accept what are sometimes known as automatic bank drafts (ABDs), in which money is taken out of the payer’s account electronically at regular times. Also known as an automatic payment, automatic bill pay, and other terms, this type of draft differs in that no paper check is ever issued. The customer must agree to the terms of the payment, which sometimes includes extra fees; authorize the company to deduct the funds; and provide his or her account number, routing information, and/or a voided check. This type of draft is most often used to pay for utilities, mortgage, insurance, and other important bills.

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Cashier’s Checks and Certified Checks

A bank draft, cashier’s check, and certified check are similarly guaranteed methods of payment, but do have some slight differences. The main distinction between these three types of payment are transferred and who is issuing the check.

Cashier’s checks are very similar to bank drafts, and in many cases are considered the same thing. Rather than being issued from the bank’s home office or main branch, however, a cashier’s check may be written from the particular branch where it is requested. It may also be signed by the cashier or another official at the bank, rather than the manager. The funds are still transferred from the customer’s account to the bank, which then issues the check on its own account.

A certified check is written on the account of the person requesting it, not the account of the bank itself. The bank certifies that the person’s account has enough money in it to cover the check, and usually “earmarks” those funds so that they can only be used to pay the check. This type of check often clears much more quickly than a personal check.

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