Our team reviewed 154 of the country’s largest and most prominent financial institutions, from big banks like Chase and Bank of America to credit unions like Navy Federal Credit Union and PenFed ...
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 ...
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 ...
Unlike a personal check, a cashier’s check is a direct obligation of the bank. As a result, there is virtually no risk that a cashier’s check will bounce or otherwise be invalid. See: How To Guard ...
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 ...
There are times when a personal check doesn’t cut it. You may have an important expense, such as a used-car purchase or a rent deposit, but the person you’re paying won’t accept that little piece of ...
You're about to make a big purchase -- your first house or a car -- and even though you saved enough money for a down payment, the seller requires a cashier's check. If you've haven't ever purchased a ...
Cashier's checks are secure payments, backed by banks, making them nearly bounce-proof. They are ideal for large transactions, with limits often between $250,000 and $500,000. Compared to money orders ...
Need to make a secure, high-value payment? A Wells Fargo cashier’s check could be the solution. Whether you’re buying a car, placing a deposit on a property, or making another large transaction, ...