Search results
Results from the WOW.Com Content Network
A cashier’s check, also known as an official bank check, is a payment instrument issued by a bank or credit union to a third party, usually on behalf of a bank customer who pays the bank the ...
The cashier’s check is then a legal and valid form of payment. Securely store your check until you plan to use it. Once your cashier’s check is in your hands, treat it like cash.
Request the cashier’s check: At the bank, inform the teller that you need a cashier’s check. Be ready to provide specific details like the exact amount and the payee’s name.
The counterfeit cashier's check scam is a scheme wherein the victim is sent a cashier's check or money order for payment on an item for sale on the Internet. When the money order is taken to the bank it may not be detected as counterfeit for 10 business days or more, but the bank will deposit the money into the account and state that it has ...
A cashier’s check is a paper check issued by a bank to a third party, usually on behalf of a bank customer, who pays the bank the face value of the check. Because the bank withdraws funds from ...
Certified check; Cashier's check (known as a bank draft in Canada) Money order; Manager's check; Wire transfer; Specifically, personal checks are not allowed, as the account may not have sufficient funds, and credit cards are not allowed, as the transaction may later be disputed or reversed. Checks sent by a bank bill payment service can fall ...
A bank draft is not the same as a cashier's check, except in Canada where the term "bank draft" covers both meanings. A cashier's check is a check that is drawn directly on the bank issuing it, signed by an officer or employee of the bank on behalf of the bank as drawer, and a direct obligation of that bank. [4]
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 cashier's check or certified check. These checks are less ...