We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What is a Registered Check?

Mary McMahon
By
Updated May 16, 2024
Our promise to you
SmartCapitalMind is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At SmartCapitalMind, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject-matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

A registered check is a check that a bank guarantees, ensuring the check will not be refused for insufficient funds or any other reason. Barring the failure of the bank, the payee of a registered check should be able to access the funds by depositing the check or entering the bank it is drawn on to cash it. This particular financial instrument is sometimes considered legally equivalent to cash, and may be treated and handled like cash in some settings.

To get a registered check, a person presents a bank with enough money to back the check. This can be done by drawing a check on an existing bank account and having the bank place a hold on the funds, or by depositing money in a special register the bank uses to cover registered checks. Essentially, the bank is provided with funds at the time the check is originated, and thus, it knows that the funds will be available.

A bank teller prepares a check with markings to indicate that it is registered. Some banks will allow people to write a check from their regular checkbook, and then add stamps to the check to show it is registered and is not an ordinary check. People can write registered checks to themselves, a tactic sometimes used when moving money between accounts and for other tasks where people want the instant availability of cash without the risks of carrying cash.

Because the bank guarantees it, a registered check is not subject to the same holding period used for other types of checks. For certain types of transactions, people may be asked to pay by registered check to confirm that they have funds available. This may be done for down payments on major purchases, along with other activities such as buying cars or mail-ordering products.

One risk to a registered check is that it usually cannot be canceled. If a check is lost or stolen, it may not be possible to put a stop payment order on it to ensure that the funds are not released to the wrong person. If this is a concern, people should ask the originating bank about what would happen if a stop payment order was needed.

Also known as certified checks, registered checks are used much like money orders. People should be aware that the bank usually charges a fee, typically based on a percentage of the total amount, to issue registered checks. Some bank accounts may provide people with a limited number of free registered checks each month as part of a premium package.

SmartCapitalMind is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Mary McMahon
By Mary McMahon

Ever since she began contributing to the site several years ago, Mary has embraced the exciting challenge of being a SmartCapitalMind researcher and writer. Mary has a liberal arts degree from Goddard College and spends her free time reading, cooking, and exploring the great outdoors.

Discussion Comments
Mary McMahon
Mary McMahon

Ever since she began contributing to the site several years ago, Mary has embraced the exciting challenge of being a...

Learn more
SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.

SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.