I deposited a check in my business account. It was later returned NSF by my client's bank. In order to collect on it, I chose to go directly to that bank and exchange the now good check for a cashier's check made out to my business. The bank said it was not their policy to do this, and I would have to run it through the account at my bank again. Wasn't I presenting the check under an order to pay?
The bank the check is drawn on was merely protecting its interests. Exchanging that check for a cashier's check would have been the legal equivalent of cashing the check, and the bank had no reliable way to know that you had the legal authority to act on behalf of the business.
When the check is presented through normal check clearance channels, your business's bank's endorsement provides a warranty to the paying bank that the check was properly negotiated, and if the endorsement is ever challenged, your bank will have to stand behind it.
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The bank the check is drawn on was merely protecting its interests. Exchanging that check for a cashier's check would have been the legal equivalent of cashing the check, and the bank had no reliable way to know that you had the legal authority to act on behalf of the business.