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A bank issues a cashiers check,on behalf of a depositor, by setting funds aside from the depositor's account.
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∙ 13y ago
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Does a cashiers check expire?
yes
Where can you cash a cashiers check?
At the bank that you use
Are you supposed to sign a cashiers check?
Yes.
Can you cancle cashiers check?
Type your answer here... can a casheir check can be cancle
When a cashiers check is obtained from the bank does it need to be signed?
Yes, a cashiers check is signed by an authorized representative of the bank. Then the person the check is made payable to will have to endorse the back of it, just as is done on any other type of check.
Who is the remitter on a cashiers check?
the person who is making the check.
Does a cashiers check expire?
yes
A written check that the bank certifies is called a?
cashiers check
What is a check written by a bank on its own funds?
cashiers check
Do you have to sign the bottom portion of a cashiers check before you give it to the payee?
Yes, you have to sign a cashiers check before you give it to a payee. Some cashiers checks do not have to be signed. If there is a space to sign, you need to sign.
Where can you cash a cashiers check?
At the bank that you use
Are you supposed to sign a cashiers check?
Yes.
How do you change the payee on a cashiers check?
You cannot generally change the payee on a cashiers check without it looking like fraud. Contact the issuer of the cashier's check in order to void the check and reissue.
You owe a a settlement from a lawsuit and paid it but the cashiers check expired do you still owe the money?
Yes, you still owe the money. Yes, if the cashiers check expired the money is still available in that account so all you will need to do is have another cashiers check cut.
What is safer a cashiers check or a personal check?
A cashiers check is far safer than a personal check, whether you are the payee or the payor. If you are the payee (the one receiving the check) and receive a personal check that is insufficient, you have very little recourse in obtaining the money owed to you. If you are paid with a cashiers check, it is guaranteed funds, since the bank will only issue the check with available funds (meaning it has to be paid for with cash or purchased at the person's bank, where the bank can verify there are sufficient funds in their account to cover the amount of the check). If you are the payor (the one paying by check), the bank can trace the check for you if the person to whom you were paying loses it or says they never received it. Also, if the check does get lost, it will be far more difficult for someone to forge their signature to it and cash it. Also, a cashiers check does not have as much personal identification on it like a personal check does (address, checking account number, etc.).
Can you cancle cashiers check?
Type your answer here... can a casheir check can be cancle
Is a cashiers check insured by the fdic?
It depends on if the bank is a member of the Federal Deposit Insurance Corporation or not. If you get a cashiers check from a bank that is insured by the Federal Deposit Insurance Corporation, then that check is insured.
