Certified cheques, money orders, and traveller's cheques are secured cheque alternatives to a personal cheque and therefore are more risk-free for the payee.

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Certified cheques, money orders, and traveller's cheques are all forms of payment that are considered more secure than personal cheques because they are pre-authorized, meaning that the funds have already been verified and set aside from the payer's account. This reduces the risk of the payment bouncing, providing more assurance to the payee.

Certified Cheques, Money Orders, and Traveller's Cheques Are Secured Cheque