Commissions do not affect our editors' opinions or evaluations. Cashier’s checks and money orders are common ways to pay for purchases without using cash, debit cards or personal checks.
Image source: Getty Images. A cashier's check is an extremely secure form of payment accepted by almost everyone and issued exclusively by banking institutions, like retail banks and credit unions.
a cashier’s check is a form of payment directly drawn on a bank’s funds. It doesn’t depend on your personal account to cover the amount. Cashier’s checks are, in a sense, “pre-paid” by ...
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 ...
Cashing or depositing a cashier’s check may seem daunting if you’re unfamiliar with the process. Cashier’s checks, known for their security and reliability, are a common tool in significant ...
The check will bounce, and the bank will want you to repay the amount of the fake check. Never take cashier’s checks or money orders as a form of payment. Never wire funds to a potential employer.
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