What is a cashier's check? Your complete guide

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate banking products to write unbiased product reviews. A cashier's check is a bank-issued check that promises funds will be available when it is cashed. Cashier's checks are useful for large transactions, like buying a house or a car. Most financial institutions offer cashier's checks, but some only issue them to their customers. If you decide to pay someone with a check, you have three main options: personal checks, certified checks, and cashier's checks.Personal checks are the most common. They're what most of us think of when we hear the word "check." However, for the recipient, these are also the riskiest kind of check. When there isn't enough money in the account to cover the personal check amount, the check will "bounce." The risk of bounced ch...