What Is a Cashier’s Check? Definition, Cost, Use and How to Buy One - NerdWallet

MORE LIKE THISPayments and Money TransfersBankingWhat is a cashier's check?A cashier’s check is a check drawn from the bank’s own funds, not yours, and signed by a cashier or teller. Unlike a regular check, the bank, not the check writer, guarantees payment of a cashier’s check. A cashier's check can also be called an official check.When do I need a cashier's check?Cashier’s checks are good for large purchases, such as a car or house sale, when you likely can't use a debit or credit card, and using cash is risky. These checks have extra security features — such as watermarks and sometimes signatures by two bank employees — that make counterfeiting more difficult. So when you purchase one from a bank or credit union, all parties can be confident that the transaction is secure and the risk of theft or fraud is minimal.» How to decide between a cashier's check and a money orderWhere can I get a cashier’s check?Most banks and credit unions offer cashier's checks to their customers, sometim...