Certified cheques,money orders,and traveller's cheques lower risk for the payee.

Name: Certified cheques,money orders,and traveller's cheques lower risk for the payee.
Brand: Quizplus
Rating: 4.9 (60 reviews)

Question

Quizplus · Accepted Answer

Certified cheques, money orders, and traveller's cheques are all considered more secure forms of payment because the funds are guaranteed by the financial institution that issued them. This reduces the risk for the payee in case the payer's account doesn't have sufficient funds or in case of fraud.

Certified Cheques,money Orders,and Traveller's Cheques Lower Risk for the Payee