Is a check better than cash for a large transaction? | Ask Banky

Editor-in-Chief Mohamed Salah

ع

Editor-in-Chief Mohamed Salah

Is a check better than cash for a large transaction?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

In a large transaction, a check reduces the need for cash and provides documentation, but it doesn't guarantee sufficient funds or the absence of problems.

A certified bank transfer or a reliable bank check may be more secure, depending on the transaction.

Source

Discussion

Join the discussion

Sign in to add your comment or reply to other readers.