That is correct. Not only that but I can't actually send the check unless the money is in my account. As soon as Chase sends the check, my account is immediately deducted the full amount. As far as I can tell the only way these checks would bounce is if I cancelled them.

A reasonable person would want certified funds to avoid bouncing check fees. This is understandable. However I've never bounced a check so there's no reason to require this form of payment. It's safe to say I will never be doing business with this company again. I just hope to get through the next 6 months unscathed.