CONTENT

  DEPARTMENTS



  DETAILS
Legend for Icons
 Article    Q&A

 Podcast  Video

 Blog  Discussions

PDF    Powerpoint
BankingQuestions.com Web

  Home >> Checks/Money Orders  
Checks Same as Money?

Are checks considered the same as money?


A check is not money, nor is it considered money. Instead, it's an order to pay money to the person presenting the check to the bank named on the face of the check, if that person is entitled to enforce the check. Such a person would be the payee of the check or any person to whom the check has been transferred.

Published on BankingQuestions.com 9/22/09