Even if you write checks all the time to pay your bills and purchase things at the mall or in the grocery store you may not be familiar with the term order checks. Order checks and business checks are different types of checks, in a list of several others, but order checks are the type that we are most familiar with. Order checks are the checks that we all use to pay one person or the named payee. The term order checks comes from the fact that these checks usually say ?pay to the order of? and then you write in the name of the payee.



Order checks are also called bank checks or personal checks and they are associated with just one account and the check cannot be cashed by anyone other than the payee. The term order checks is no longer used as the term checks has become synonymous with any type of check or payout of this fashion out of a bank account. Order checks are the most common type on the market today and you can receive these checks from your bank or you can order a variety of designs from check companies.

Bank checks are attached to just one account and when the check is written it is then sent to the bank by the payee and the funds are deducted from the account. In recent years order checks have begun to be cashed electronically to save the time and expense of sending checks from one bank to another. Electronic checking also helps dissuade people from writing order checks that are not covered by funds in the bank account that it is attached to.