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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 ...
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 certified check or a cashier’s check. These checks are less ...
Here’s a breakdown of how they compare. A cashier’s check is a secure alternative to cash, allowing you to make large purchases you wouldn’t feel comfortable paying for in cash, such as a ...
A cashier’s check is a check that is issued by a bank and often used when making a large purchase, such as a car or down payment on a home. You can purchase a cashier’s check for around $10 to ...
If you need to make a large payment for a purchase or obligation, like paying off a mortgage, you'll likely be asked to do so with a cashier's check. These are special types of checks that are ...
Just note there is often a limit of around $1,000, and you'll pay a fee. Cashier's checks: While still technically a check, cashier's checks are a much safer bet than the standard personal check.
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A cashier’s check or a money order can come in handy if you’re paying bills or making a large deposit on a purchase, such as closing on a mortgage. Because personal checks are not accepted at ...