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 ...
Unlike a personal bank check, which is drawn against the account of the individual who writes it, a cashier’s check is issued by a bank or financial institution. Although cashier’s checks are ...
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 ...
When you buy a big-ticket item like a car or make a large payment, such as a down payment on a house, you may be asked to pay with a certified check or a cashier’s check. These checks are less likely ...
Although financial settlements requiring “good funds” are relying more and more these days on electronic fund transfers, cashier’s checks and teller’s checks continue to be useful payment devices.
Selling an old car can be a hassle: Buyers want a lower price. Sellers have to make sure the registration is transferred correctly. And sometimes, enthusiastic buyers have a hard time coming up with ...
Philip Ralph wanted to make sure the Brits who were willing to take over his apartment lease knew that Americans could be trusted to help in a bind. According to their initial e-mail in April, the ...
Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.
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 ...