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How does a cashier's check work?

Oliver Brown | 2023-06-01 12:12:31 | page views：1859
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Harper Ward

Studied at the University of Oxford, Lives in Oxford, UK.
A cashier's check or cheque is a cheque guaranteed by a bank, drawn on the bank's own funds and signed by a cashier. Cashier's checks are treated as guaranteed funds because the bank, rather than the purchaser, is responsible for paying the amount. They are commonly required for real estate and brokerage transactions.
2023-06-11 12:12:31
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Madison Turner

QuesHub.com delivers expert answers and knowledge to you.
A cashier's check or cheque is a cheque guaranteed by a bank, drawn on the bank's own funds and signed by a cashier. Cashier's checks are treated as guaranteed funds because the bank, rather than the purchaser, is responsible for paying the amount. They are commonly required for real estate and brokerage transactions.
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