Talk:Certified check

Is the last sentence of this article:

"Note that this does not guarantee that sufficient funds will still be in the account when the attempt is made to cash the check." CDSFA Correct? Or does it at least need to be clarified? I'm pretty sure a certified check cannot bounce. This sentence does not seem to imply this fact.

I believe that it can bounce, and that a certified check only guarantees that this person recently had that much money. A cashier's check, on the other hand, can't bounce unless the bank goes bankrupt. I will verify this with a bank teller. StuRat 21:39, 22 November 2005 (UTC)[reply]

You can put a stop payment on a cashier's check and then it will bounce. --Gbleem 17:20, 3 September 2006 (UTC)[reply]

Indeed, the entry seems to contradict itself in this regard. --mriker 00:10, 19 April 2006 (UTC)[reply]

You're right. I corrected the error. StuRat 21:49, 19 April 2006 (UTC)[reply]

A certified check can be disavowed, my brother suffered such a case when selling an automobile. The check was certified by a bank based on a car loan. That loan was based on a fraudulent employment letter (the con artist stole letterhead and forged an employment verification letter in order to qualify for the loan). Once the fraud was discovered the funds were expropriated from my brother's bank account prior to his bank even notifying him of the fraud. He was left to file a police report and recover the car on his own. — Preceding unsigned comment added by 65.26.146.164 (talk) 22:45, 1 March 2013 (UTC)[reply]

Proposed Merge

I'm not 100% sure, but I think this could be linked or even merged with:

https://en.wikipedia.org/wiki/Promissory_note

My guess it's that they are US and UK versions of the same subject matter. Regards, — Preceding unsigned comment added by 93.50.121.64 (talk) 18:09, 23 July 2017 (UTC)[reply]