Certified checks, cashier's checks, money orders, and traveler's checks tend to ensure a higher probability of payment than demand deposits.

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Certified checks, cashier's checks, money orders, and traveler's checks are guaranteed forms of payment, as they are prepaid or certified by the issuing bank, ensuring the recipient of the funds' availability and reducing the risk of non-payment compared to standard personal checks or demand deposits, which may bounce if there are insufficient funds in the payer's account.

Certified Checks, Cashier's Checks, Money Orders, and Traveler's Checks Tend