The check It is one of the most widespread forms of payment in the world. It is used by both individuals and companies to cancel outstanding balances, to pay for purchases made, among so many alternatives.
When a person or a company writes a check to another to comply with the aforementioned obligations, the latter may approach the corresponding financial institution and withdraw the amount of money indicated there.
There are different types of checks, as long as certified check It is a special type that, like any check, can be used to pay a sum of money to a third person. Now, the peculiarity that it presents is that it has the endorsement of the issuing bank, which is why it is considered within the market the safest way to receive a payment from someone who does not have much information or knowledge about of your payment history or financial situation.
Because of course, accompanying the long history of using checks to pay for products or services, there is a long tradition of falsifying these payment documents.
Then, given this state of affairs described, the certified check became an excellent alternative to accept a payment beyond the scarce knowledge available to the payer because there is a bank behind that is certifying and guaranteeing with its trajectory that check that is extended to us .
But beware, you don't have to be super trusting either and you should take into account all the precautions that you can because there is also a lot of sophistication in counterfeiting thanks to new technologies and then you will not always be free from falling into the deception of a scammer.
It is worth mentioning that certified checks are always bought at banks, that is, yes or yes you have to go to the bank and buy them. It is also common for the bank, to cover itself, only sells them to its clients and to those who have specific funds to guarantee them.
Generally, the certified check contains the following information: the name of the issuing bank, the amount of money, the name of the person to whom it will be addressed, that is, who will receive the payment, and it will also have the signature of an official responsible for the bank in question.
