Unlike a personal bank check, which is drawn against the account of the individual who writes it, a cashier’s check is issued by a bank or financial institution. Although cashier’s checks are ...
This article was first published on NerdWallet.com. A cashier’s check is a check guaranteed by a bank, drawn from its own funds and signed by a cashier or teller. It’s one of the safest ways to make ...
When you’re making large purchases or exchanging significant sums of money, you’ll typically want to use a cashier’s check for the transaction. From renting a new apartment to purchasing a high-ticket ...
Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.
Planning to make a big purchase — like a car or even a down payment on a home — and want to ensure secure payment? A Citi cashier’s check may be your go-to. Because cashier’s checks are backed by the ...