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Cashier checks are also called bank checks, banker's checks, official checks, demand drafts. They are checks guaranteed by a bank, drawn on a bank's own funds, and signed by a cashier.
Karl Runte
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Can you endorse a check as not used for purpose intended?
Endorsing a check 'not used for purpose intended' makes little sense. While you can endorse a cashier's check or money order 'not used for purpose intended' this is only because these are financial instruments backed by cash. A check, on the other hand, represents the promise of available funds in an account, to be provided to the payee upon demand. There is no guarantee that a check won't bounce. A cashier's check or money order has been paid for up front, and cannot bounce. This is why you can endorse a cashier's check or money order 'not used for purpose intended' while you cannot do the same for a check.
Can you get a cashier check with a personal check?
Yes, you can normally exchange a personal check for a cashier's check at the bank on which the personal check is drawn (the bank named on the check). The bank will immediately withdraw the funds from the personal account and apply them towards the cashier's check.
Can a cashier's check that was not needed be redeposited into my account?
yes, if you stamp or write not used for purpose intended on the back of the check and sign it . As long as there is proof that the check came out of your account and it is redeposited into the same account.
Is a certified check the same as a cashier's check?
no
Do you sign the back of a cashier's check?
If it is made payable to you, yes. If you are the remitter (purchaser - person paying with the check), no.
What is the difference between manager's check and cashier's check?
Both check are purchase for cash.Manager check you can present only in the issueing bank while cashier check you can present to any bank.
Can i deposit cashier's check at ATM?
No
Can you return a cashiers check?
If you return a cashier's check you purchased in someone else's name to the bank that issued it, you can get your money back. Check with the issuing bank, but you will likely need to make an endorsement-notation on the reverse that it was not needed for the purpose intended.
Can a Cashier be charged for the amount of a NSF check?
no they can not
Cashier check can use in indonesia from america?
no
If cashed a cashier check at the bank when can you get your full amount you deposit?
how long it take to receive your money from the cashier check you deposit in bank of America bank
Can a cashier's check be made payable to cash?
No, cashier's check is a guarantee funds by the issuer bank and must have a guarantee payee. Never payable to cash.
