RECEIVABLE
At the bank that you use
No. Cash is actual bank notes/coins.
No, obviously.
No, cashier's check is a guarantee funds by the issuer bank and must have a guarantee payee. Never payable to cash.
No it's cash. Though it is in the form of a "check" it is easily transferred to cash and is recorded as such. Also, even if it wasn't considered cash (it is) it would be a receivable, not a payable.
no
I received a cashiers check from a bank that was payable thru Wachovia. I took the check to a Wells Fargo and they stated that the check was deposit only. So I opened an account and the funds were available the next day, which was a Saturday.
At the bank that you use
No. Cash is actual bank notes/coins.
Yes, a check made payable to cash can be negotiated by whoever holds the item.
No, obviously.
No, cashier's check is a guarantee funds by the issuer bank and must have a guarantee payee. Never payable to cash.
any time only to take yhe cash...
No it's cash. Though it is in the form of a "check" it is easily transferred to cash and is recorded as such. Also, even if it wasn't considered cash (it is) it would be a receivable, not a payable.
make it payable to yourself or cash and go to the bank and cash it.
Take it to the bank whose address appears on the check (as the issuing bank) and see if a teller will cash it for you.
To cash a cashiers check if you have no account and the check is from out of state, you need to go to a business that specializes in cashing checks. You don't need an account there, and it shouldn't matter if a cashier's check is from out of state, since that type of check guarantees the funds. You can also go to a local branch of the bank that issued the cashier's check and cash it, if there is one near you.