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Anton Vasilescu edited this page May 9, 2023 · 1 revision

A check is a draft upon an account that is used to instruct a bank or other financial institution to transfer funds from the payor’s account (the person who has the account and signs the check) to the payee’s account. There are different types of checks: certified checks, cashier’s checks and paychecks.

See also: instrument and promissory note.

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