What does banker's check mean?
Definitions for banker's check
banker's check
This dictionary definitions page includes all the possible meanings, example usage and translations of the word banker's check.
Princeton's WordNet
traveler's check, traveller's check, banker's checknoun
a letter of credit issued by a bank or express company that is payable on presentation to any correspondent of the issuer
ChatGPT
banker's check
A banker's check, also known as a banker's draft, is a check provided by a bank or other lending institution that is directly payable from its own funds. It's a form of payment issued by the bank on behalf of the payer, guaranteeing the payee the amount noted on the check because it’s already been paid for upfront. As such, unlike a personal check, banker's checks are considered to be safer and more reliable because they are "certified" by the bank. They are commonly used in large transactions where a significant amount of money is involved.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of banker's check in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of banker's check in Pythagorean Numerology is: 1
Translations for banker's check
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"banker's check." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/banker%27s+check>.
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