Meaning Check Guarantee
What does Check Guarantee mean? Here you find 2 meanings of the word Check Guarantee. You can also add a definition of Check Guarantee yourself
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Check GuaranteeService that guarantees the amount of a check written to the merchant. Check guarantee companies will set the merchant’s check limit and provide approval codes. If the check is returned the check guarantee company will refund back to the merchant the amount of the bad check. This service can usually be programmed on the merchant credit card termina [..]
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Check GuaranteeA service that guarantees check payment to a merchant up to a specified amount. However, merchants are required to perform correct authorization procedures.
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