What Is a Manager's Check?
A manager's check is a secure check that a bank issues on behalf of the individual who has purchased the check. These types of payments are also called treasurer's checks, official checks, and certified checks. All parties involved in a transaction that uses this form of payment can benefit from the use of a manager's check.
Paying by manager's check has several advantages. Most notably, manager's checks offer a guarantee to your recipient that the check is already fully funded, so they won’t need to worry about it bouncing. The use of a manager's check also provides convenience and safety when you’re dealing with large sums of money. Instead of carrying around cash, using a manager's check means you’re at little risk that your money will be stolen or that you’ll lose it.