A check which cannot bounce because its face amount is paid to the bank when it is issued, and the bank then assumes the obligation.
Related information about cashier's check:
- Cashier's check - Wikipedia, the free encyclopedia
A cashier's check (cashier's cheque, banker's cheque, bank cheque, official cheque, demand draft, teller's cheque, bank draft or treasurer's cheque) is a check ...
- Cashier's Checks - Overview - Banking and Loans at About.com
Let's contrast a cashier's check with a personal check. When you write a personal check, you're supposed to have available funds in your account to cover the ...
- Cashier's Check Definition | Investopedia
A check written by a financial institution on its own funds. It is then signed by a representative of the financial institution and made payable to a third party.
- What is a Cashier's Check?
Oct 14, 2012 ... A cashier's check is a check issued by a bank. Generally considered more secure than a personal check, a cashier's check is not...
- How to Buy a Money Order or Cashiers Check - Yahoo! Voices ...
Oct 8, 2008 ... For people without checking accounts, a money order or cashier's check is the safest way to send a payment in the mail. Learn the difference ...
- snopes.com: Cashier's Check Scam
Mar 2, 2012 ... Scammers pay with cashier's checks larger than the purchase price and ask the balances be sent to third parties.
- How to Get a Cashier's Check | eHow.com
How to Get a Cashier's Check. Cashier's checks are issued by a bank to an individual for certain situations where the check must be guaranteed not to bounce, ...
- Cashier's check
Gone are the days when a cashier's check was as good as cash. Criminals now have the printing technology to create official-looking but bogus cashier's ...