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Hey Pat, thank you for stopping by with your question. A Cashier's Check is considered an Official Check and is valid for the time period based on your particular State (where the check was issued from). Unless otherwise specified on the check, this may be several years after the issue date.


It is "as good as cash." The check is paid for upfront by funds that are debited from your bank account. Because a cashier's check is treated like cash, financial institutions have an established protocol in place that governs how uncashed checks are handled. ... Imani, Faizah. (2015, September 11). What Happens if a Cashier's Check Is Uncashed ...


How to Get a Cashier's Check. A cashier's check is a check that is a drawn on a bank's funds rather than your own personal funds. It offers a secure way to pay in situations where a personal check is not appropriate, such as real estate...


Cashier's checks themselves do not expire as personal checks do. However, the funds behind the check are subject to state escheat laws. A cashier's check is a guarantee from the bank that the funds behind that check are secured and good.


A cashier's check (or cashier's cheque) is a check 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.


At some point, you may need to make a big purchase from a merchant that does not accept credit cards or personal checks. What can you do? One option is to pay with a cashier’s check.. What is a ...


The period for which a check remains valid or active, whether it is a personal, corporate, bank, or chashier, is six months in United States. I do not know how long checks remain valid in other countries. However the maker of a check may indicate ...


A cashier’s check is a check guaranteed by a bank, drawn from its own funds and signed by a cashier or teller. It's a safe way to make a large payment.


The most common cashier’s check scam goes something like this: A "buyer" wants to purchase a product and will use a cashier’s check. For whatever reason, the buyer has a check issued for an amount in excess of the purchase price. Still, the buyer wants the seller to "just go ahead" and deposit the check.


Despite more modern alternatives, cashier’s checks are still popular for large payments. Assuming the check is legitimate (more on that below), cashier’s checks are among the safest ways to receive payment. They’re commonly required when the seller needs certainty, and they’re inexpensive.