Cashier's Check
A Cashier's Check is a check issued by a bank for the amount paid to the bank by the purchaser. They are purchased with cash or collected funds from a customer's account. Cindy
The name of the purchaser, the payee and amount are entered at the time of purchase at the bank and the check is signed by bank Jill employees. It is guaranteed by the bank and does not depend on the account of a private individual or business. Thus, Cashier's Checks are generally used to make purchases or pay for services when payment requires a higher level of reliability and security than a personal check or cash.
Readlyn Savings Bank charges $3 for a Cashier's Check.
Nancy