Cashier's Check: What It Is & How to Obtain One
A cashier's check is a check drawn against a bank's funds and signed by an employee of the bank. This is a guaranteed check that will not bounce. Many buyers must use a cashier's check -- as opposed to a personal check -- to qualify to purchase a big ticket item, such as a car or a down payment on a home.
Obtaining a Cashier's Check
Go to your bank and request a cashier's check in the amount needed. The bank employee will check to make sure the amount needed for the cashier's check is in your account. If you go to a financial institution where you do not have an account, a bank employee will contact your bank to ensure that your account has enough funds to cover the withdrawal. A banker will write the cashier's check, made out to the payee, and sign her name to the bottom. The signature makes it legal tender and a guaranteed check. In most cases, you will be charged a fee for a cashier's check. Such fees are often higher at a bank at which you have no account.
-
Cashing a Cashier's Check Without a Bank Account: Your Options
Cashier's checks are generally considered to be a safe and secure way of making a payment. Cashing one of these checks can, however, present a problem if you don't have a bank account of your
-
Locate Deposited Checks: A Guide to Bank Records & Retrieval
Despite the fact that you're probably writing few paper checks each year, it's not uncommon to get your monthly paper bank statement – or log in to your account – review your transactions and
budgeting
- Cashing a Third-Party Cashier's Check: A Comprehensive Guide
- Understanding Cashier's Checks: How to Deposit and Use Them
- Cashing a Cashier's Check From Another State: A Simple Guide
- Replacing a Lost or Damaged Cashier's Check: A Step-by-Step Guide
- Money Orders & Cashier's Checks: A Guide to Purchasing & Using
- Verify a Cashier's Check: A Comprehensive Guide to Authenticity
- Certified Checks: What They Are & How to Obtain One
- Cashier's Checks: How to Purchase and Use Them Safely
- Cashing a Cashier's Check: A Step-by-Step Guide
-
ChexSystems: Understanding and Resolving Database IssuesOpening a bank account may prove difficult if you are in the ChexSystems database. ChexSystems is a consumer reporting company that helps banks and merchants to identify people who are likely...
-
Check Writing Guide: A Step-by-Step Guide for Secure PaymentsKey elements of writing a check. Properly writing a check reduces the chances of making an error and makes it difficult for someone to fraudulently alter the information. Always use an ink pe...