When you’re making large purchases or exchanging significant sums of money, you’ll typically want to use a cashier’s check for the transaction. From renting a new apartment to purchasing a high-ticket ...
This article was first published on NerdWallet.com. A cashier’s check is a check guaranteed by a bank, drawn from its own funds and signed by a cashier or teller. It’s one of the safest ways to make ...
There are times when a personal check doesn’t cut it. You may have an important expense, such as a used-car purchase or a rent deposit, but the person you’re paying won’t accept that little piece of ...
Unlike a personal check, a cashier’s check is a direct obligation of the bank. As a result, there is virtually no risk that it will bounce or otherwise be invalid. Cashier’s checks are commonly used ...