A personal cheque with guaranteed payment is called a

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A certified cheque is a personal cheque with guaranteed payment. When a cheque is certified, the bank sets aside the funds in the account to ensure that the cheque will clear when it is deposited by the recipient. This makes it a more secure form of payment than a regular personal cheque, which may bounce if there are insufficient funds in the account. Traveler's cheques, bank drafts, money orders, and cashier's cheques are all types of payment instruments, but they are not specifically personal cheques with guaranteed payment.

A Personal Cheque with Guaranteed Payment Is Called a