What is a Cashier's Check and how do you buy one?

What is a Cashier's Check and how do you buy one?

A cashier’s check is a check drawn from the bank’s own funds and signed by a teller or cashier. It can also be called an official check.

Cashier’s checks are beneficial for large purchases, such as a car or house sale, when using cash can be risky.

Cashier's checks provide extra security features, such as watermarks, to ensure counterfeiting is prevented.

It will make other parties confident that the transaction is secure and the risk of theft or fraud is minimal.

Most banks and credit unions provide cashier's checks to their customers, at times for a fee.

You can get a cashier's check by visiting your bank branch and requesting it from a teller.

A number of banks also allow users to order a cashier's check online or by phone.

You can then pay the check amount along with the applicable fee and get the check signed and issued by the bank.