Where do i get a money order or cashiers check - Although they are generally viewed as secure, cashier's check fraud is a fairly common practice; a fraudulent cashier's check will clear your bank account several days before it is discovered to be bad, and you, not the charlatan, will be liable to repay the bank for the full amount. An individual goes to their bank asking for a cashier’s check, the bank immediately debits the desired amount from the individual’s account and places it in its own reserves to guarantee the funds. Are different from certified checks, which are drawn from the customer’s account, with the bank certifying that the signature is genuine and that there are funds to cover it when the check is issued. Of fraud is committed via cashier's checks, so keep a close eye on your cashier's check to be sure it has reached its destination using the tracking tools the bank has at its disposal.
Learn when you should use a cashier's check and when you should use a money order.