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Check/Cheque

A check is an order for a monetary transfer. Checks usually designate a specific payee and bear the bank name and account number of the writer. Using the account holder’s signature for authorization, the check must be redeemed by the recipient through a financial institution with the ability to debit funds from the payee's account. The funds spend a length of time in flux between the transferring institutions, and the process of transferring money via checks is usually not instantaneous. Checks are most often available as methods of payout in the context of online gaming; however, some sites allow customers to mail personal checks to the company’s physical processing location for deposit.

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