Do not accept a draft. I was a banker and those darn drafts had a habit of coming back even after you got the cash. This is same for insurance claims check/drafts too. The bank will charge $30+ to collect the funds and will hold your funds for 30 to 60 days. Do not accept a draft as it is not a check and the issuer is in control of the draft. They can pay the funds, hold the draft for a future date, or demand funds back after you got your money. Demand a cashier’s check for your best option as those funds are held by a third party and you will get paid. A business check is your next option but it could bounce and the funds will be held up to 10 days, but chances of a check coming back are less and you will have a legal recourse too. On a check, if the funds are available on the account the check is written on and there is no stop payment, a check has to be paid and it is next to impossible to have the check returned after it was legally cashed, but I have seen other banks try to slip one past the system, so it is not impossible. Those bonus drafts/checks are a headache for banks and for their customers. If I ever get lucky and get a bonus check for leasing my mineral rights, I will be going to the issuer’s bank and asking for a cashier check in the same name and amount. This way, the check can never come back against you. Of course, they will pick a bank as far and as out of the way as possible.