Answer:
The term "official check" isn't defined. It's often used as a substitute for "cashier's check" or for "teller's check", both of which are defined in the Uniform Commercial Code and, with some modification, in Regulation CC.
Put another way, the label that you see on a check is essentially meaningless. It's the form of the check that matters. If the check is drawn by a bank on itself, it's a cashier's check even if the label "official check" is used or if there's no label at all. If the check is drawn by a bank on another bank, or drawn by one bank and payable at or through another bank, it's a teller's check by definition, even if it's labeled a cashier's check or official check, or has no label at all.
Don't immediately assume that an "official check" is a cashier's check or teller's check. A company could use the label "official check" on its checks, even though it's not a bank.
First published on BankersOnline.com 10/25/10
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