Which of the following best describes a teller's check?
A) It is a check with a voucher attached.
B) It is a check that requires signature and countersignature by its purchaser.
C) It is a check drawn by one bank on another bank.
D) It is a check drawn before the time it is dated.

Question

Quizplus · Accepted Answer

A teller's check is a check drawn by one bank on another bank, often used in transactions where the payee requires a secure form of payment.

Which of the Following Best Describes a Teller's Check