certified funds definition

certified funds means immediately payable Canadian dollar funds represented by a banker’s draft or confirmation of wiring executed by one of the four largest Canadian chartered banks;
certified funds means certified check or money order.
certified funds. MEANS A CHECK OF THE BUYER WHICH HAS BEEN CERTIFIED BY THE BUYER’S DOMESTIC BANK AND MAY NOT BE STOPPED. IT ALSO MEANS A CASHIER’S, TREASURER’S OR OFFICIAL DOMESTIC BANK CHECK WHICH THE BANK HAS DRAWN ON ITSELF. IT DOES NOT MEAN AN ATTORNEY’S TRUST ACCOUNT CHECK OR A CHECK DRAWN BY A BANK ON AN ACCOUNT WHICH IT MAINTAINS WITH ANOTHER BANK.

More Definitions of certified funds

certified funds means payments such as Debit/Cash/Money Orders/Certified Cheques that are guaranteed funds.