LEGACY.XRP
Testnet
← Index of sheets

Sheet 09 · 3 tools

Checks

Deferred payments the recipient cashes on their schedule.

Margin note — new here? Start with this

A Check is a deferred payment: you write it now, and the recipient cashes it later — whenever suits them, for up to the amount you authorized. Unlike a normal payment, nothing moves until they cash it, and unlike an escrow, the money is not locked in the meantime.

It works like a paper check. Writing one does not move money out of your account; the recipient deposits it when they are ready — and just like paper, it bounces if your balance cannot cover it at cashing time.
Start here: Create Check