What Do I Need to Get a Certified Check?
Understand how to obtain a certified check. This guide covers the preparation, process, and associated considerations for reliable payments.
A certified check is a personal check guaranteed by the bank upon which it is drawn. This financial instrument provides assurance that the funds are legitimate and available for payment. It offers a higher level of security than a standard personal check, making it suitable for significant transactions requiring guaranteed funds. While distinct from a cashier’s check, which is drawn on the bank’s own funds, a certified check provides financial security for both parties involved.
Information and Documents Required
Before visiting your bank to request a certified check, gather specific information and documents. A government-issued photo identification, such as a driver’s license, state ID card, or passport, is mandatory for identity verification. This step helps the bank confirm your identity and prevent fraudulent activities.
You will also need the complete bank account information from which the funds for the check will be drawn, including your account number and the bank’s routing number. Ensure sufficient funds are available in this account to cover the full amount, as the bank will typically freeze these funds once the check is certified.
Additionally, the exact details of the payee are required. This includes the full legal name of the person or entity to whom the check will be made payable, along with the precise dollar amount of the check. Accuracy in these details is important, as corrections to a certified check are often difficult or impossible to make once issued.
Steps to Obtain a Certified Check
Once all necessary information and documents are prepared, visit your financial institution’s physical branch. Certified checks typically require an in-person visit for verification and processing. At the branch, approach a teller or customer service representative to initiate the request.
Present your identification, bank account information, and payee details to the bank representative. They will verify your identity and confirm the availability of funds in your account. Upon successful verification, the bank will withdraw the specified amount from your account, setting aside those funds so they cannot be used for other purposes.
Following fund verification, the bank certifies the check by stamping it “certified” and often adding a signature from a bank official. This certification signifies the bank’s guarantee of payment. You will then receive the physical certified check along with a transaction receipt for your records.
Understanding Certified Check Fees
Banks typically charge a fee for issuing a certified check to cover administrative costs. These fees vary significantly between financial institutions, often ranging from $10 to $20 per check.
The specific cost can sometimes depend on the type of account a customer holds. Some premium checking accounts or long-standing customer relationships might qualify for reduced fees or even fee waivers. It is advisable to contact your bank or credit union beforehand to inquire about their current fee schedule.