Cashier’s check: What It is and how and where to get one

Learn the difference between a regular check and a cashier's check! In this article, we will explain why the cashier's check is more secure and how you should fill it out.

Have you ever wondered what's the difference between a check and a cashier's check? It's simple!

A  cashier's check offers way more security than traditional ones, as it implies that it's drawn against the bank funds and not the funds of an account holder.

Another difference with traditional checks is that when you obtain a cashier's check it won't be you who will be filling out the check, but the banker.

Read more to find out how to get a cashier's check!

Learn how to fill out a cashier's check

Before you fill out the check, there are a few things you need to do:

Unfortunately, you can only do this in person. So, once you are ready, it's time to pay a visit to the bank!

Talk to a bank teller about your plans to fill out a cashier's check. He will tell you whether if he/she can do it or if you need to talk to customer services.

Then, you will have to present your bank account number, so that they can access the money for the check and fees, and your ID. The last step is to provide the payee's name and the amount of the check.

Once you have it, make sure you put your cashier's check in a safe place until you need to deliver it to the payee.

If the deal falls through, don't panic! You can still recover your money! You just need to take the check back to the bank and the teller will void it an return the amount to your account.

Related Articles

More News

More News