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To obtain a cashier's check to purchase a car, you need to go to your bank or credit union with the exact amount needed for the check. You will provide the bank with the recipient's name and any other required information. The bank will then issue a cashier's check, which is a secure form of payment that guarantees the funds are available. You can then use this cashier's check to purchase the car.

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5mo ago

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What is the process for obtaining loan approval for a home purchase?

The process for obtaining loan approval for a home purchase involves applying for a mortgage, providing financial documents to the lender, undergoing a credit check, getting pre-approved, finding a home within your budget, and finalizing the loan with the lender.


What is the process for obtaining loan approval for a house purchase?

The process for obtaining loan approval for a house purchase involves applying for a mortgage, providing financial documents to the lender, undergoing a credit check, getting pre-approved, finding a home within your budget, and finalizing the loan with the lender before closing on the house.


Who is the remitter on a cashiers check?

the person who is making the check.


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.).


What is a check written by a bank on its own funds?

cashiers check

Related Questions

What is the process for obtaining loan approval for a home purchase?

The process for obtaining loan approval for a home purchase involves applying for a mortgage, providing financial documents to the lender, undergoing a credit check, getting pre-approved, finding a home within your budget, and finalizing the loan with the lender.


What is the process for obtaining loan approval for a house purchase?

The process for obtaining loan approval for a house purchase involves applying for a mortgage, providing financial documents to the lender, undergoing a credit check, getting pre-approved, finding a home within your budget, and finalizing the loan with the lender before closing on the house.


How do you issue a cashiers check?

A bank issues a cashiers check,on behalf of a depositor, by setting funds aside from the depositor's account.


Who is the remitter on a cashiers check?

the person who is making the check.


Does a cashiers check expire?

yes


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.).


What is a check written by a bank on its own funds?

cashiers check


A written check that the bank certifies is called a?

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.