A cashier's check can be cashed at a bank just like a regular check, according to First Columbia Bank & Trust Co. Because of scams, many banks now require a cashier's check to clear from the originating institution before making the funds available.
Cashier's checks are guaranteed by a bank, drawn from the banks funds and signed by a cashier, notes Wikipedia. Since the bank bears responsibility for paying the amount on the check instead of the individual who purchased the check, cashier's checks are considered guaranteed funds. This type of check is most often used in brokerage and real estate transactions.
