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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.
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 ...
Cashier's checks, often used for down payments on homes or vehicles, serve as a bank-certified alternative to personal checks. ... Cashier’s check fees can vary depending on where you buy them ...
Counterfeit money orders and cashier's checks have been used in certain scams to steal from those who sell their goods online on sites such as eBay and Craigslist. [9] 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 ...
Since the bank guarantees the funds, people commonly use cashier’s checks for large transactions like paying a security deposit for a new apartment, buying a car or making a down payment on a house.
Many checking accounts come with a starting set of free checks, usually containing 100 to 150 checks, upon opening, but once those run out, you’ll need to buy more. Ordering checks from the bank ...
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