cashiers check

Guaranteed bank draft

A cashier's check is a check issued by a bank rather than an individual, drawn on the bank's own funds.

Because the bank guarantees payment, cashier's checks are considered more secure than personal checks and are often required for large transactions like real estate closings or car purchases: They asked for a cashier's check for the down payment.

Related

teller · deposit · withdrawal · payable · routing · account number · guarantee · fraud protection · endorsed · stub · signature · amount · payee · counter · verification · cleared · official · draft

Categories
Opposites
payment security/guarantee

cashiers checkpersonal check

Written order to pay

rubber check · bad check · bounced check · IOU · hot check

payment immediacy/form

cashiers checkcash

Ready spending funds

electronic funds transfer · wire transfer · cryptocurrency · direct deposit · Venmo

Family

cashier, cashiers, check, checks, checked, checking, checker, checkers, cash

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Concrete · Rated G