Fees: Fee is waived for Basic & Choice members.Fee is waived for Preferred & Private Bank account holders. Fee is waived for Citi Priority & Citigold account holders. Fee is waived for Premier Plus & Platinum account holders. Fee is waived for Preferred Rewards members Here are some banks that offer cashier’s checks: 1. That’s not to say that you can’t get a cashier’s check if you don’t have a bank account, but I’ll cover that more below. Most of the time, you will need to have a checking or savings account with the bank to get a cashier’s check at your local branch. You can get cashier’s checks at your local bank. If you want to get a cashier’s check, you can do so from the following places: Banks So, unlike money orders, you won’t be able to purchase a cashier’s check at a gas station, convenience store, or post office. Where to Get a Cashier’s CheckĬashier’s checks are issued by financial institutions. If the bank or credit union charges fees, you will need to ensure you have money for the cashier’s check fee. So, this is the person or company the bank or credit union should make the check payable to. Payee informationĪlso required is the information for the check recipient. You will need to have sufficient funds to pay for the cashier’s check. This could be a driver’s license or passport and bank account number or ATM card. You will need to take some form of personal identification with you. Here’s what you’ll need to take with you when you request a cashier’s check: Identification Instead, the financial institution will fill out the check with the information you provide. When you ask for a cashier’s check, you won’t receive a blank check like you would when you get a personal check. To get a cashier’s check, you will need to take certain documents with you to the financial institution. How to Get a Cashier’s Check: What You’ll Need The cost will depend on the bank you use and whether or not you have an account. Others might charge account holders a small fee. Many financial institutions include cashier’s checks in their account memberships. However, if you have a certain balance or type of checking account, then fees might be waived. Cashier’s checks are considered to be safer than personal checks or using debit cards because the funds are guaranteed.Īt most banks and credit unions, you can expect to pay a flat fee of between $5 and $15 for a cashier’s check.And, if the check were to bounce, it would be the bank, and not you, that is held responsible. Provided that the cashier’s check is authentic, the risk of the check bouncing is nonexistent.They usually clear faster than regular checks, which, again, means they’re often a preferred payment method for big transactions.Cashier’s checks are often the preferred payment method for large transactions since they are backed by bank or credit union funds.Here are some reasons you’d want to use a cashier’s check: They offer many more benefits and protections that you don’t get with personal checks or cash payments. There are several reasons for using a cashier’s check in place of a personal check. When the payee deposits a cashier’s check, the funds used to pay it are drawn from the bank’s account. The bank’s account number is printed in place of your bank account and routing number. Once you have paid the bank the funds needed to cover the check, the financial institution will print the cashier’s check with the payee’s name, and the amount that’s to be paid. It’s important to note that the bank may charge a fee to issue a cashier’s check for you. This amount is then withdrawn from your account and deposited into the bank’s account. When you request a cashier’s check to pay either a business or an individual, the financial institution first checks your account to ensure you have the amount you need to pay available. Cashier’s checks are commonly used in real estate and brokerage transactions. Now, with a cashier’s check, the bank is responsible for paying the amount to the payee. Swagbucks: Get paid to watch videos, shop online, take surveys and more. IPsos iSay:: If you have to only sign up for one paid survey site, go with Ipsos (high paying survyes)! Join iPsos Now! Plus get paid within 48 hours by PayPal! Join Branded Surveys Get $5 instantly!īranded Surveys: Get $1 instantly just for joining for free. InboxDollars: Paid over $57 Million to members to watch videos, take surveys, shop and more. They also pay up to $50/hr for mystery shopping. KashKick: Get paid directly into your PayPal for watching videos, surfing, shopping and more. Cashier’s checks are written in the bank’s name and are usually signed by a teller. It is drawn on the bank’s own funds, rather than yours.
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