What types of checks are drawn in Iran?
There are four types as follows: 1. Ordinary Check (check-e-aaddi) is a check which is drawn by a person from his own current account on a bank. The holder of the check has no guarantee other than the credibility of the drawer. 2. Confirmed check (check-e-taeed shodeh) is a check which is drawn by a person from his own current account on a bank and payment of its amount is confirmed by the said bank. 3. Guaranteed check (check-e-tazmeen shodeh) is a check which is drawn by a bank, on the same bank, upon the request of the client and payment of its amount is guaranteed by the bank. 4. Traveler’s check (check-e-mosaferati) is a check issued by a bank and its amount shall be payable at the branches of the said bank or by its representatives and agents.
