Which type of check indicates that it has cleared the bank?

A cancelled check is one that has been processed and cleared by the bank. This means that the funds have been withdrawn from the account of the issuer and paid to the recipient's bank. It serves as proof of payment and typically has the bank's endorsement on the back, indicating that the transaction has been completed. This is important for maintaining accurate financial records, as cancelled checks can be referenced for reconciliation purposes. In contrast, other types of checks, such as uncleared checks, post-dated checks, and stale checks, do not indicate that the funds have been transferred, thus lacking the confirmation that comes with a cancelled check.