Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Deepak Sethi / Getty Images Cashier's checks offer a secure payment method for large ...
A cashier's check is a payment guaranteed by your bank or credit union, drawn from the institution's own funds rather than your personal account. When you need to make a large payment -- buying a car, ...
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What is the maximum amount for a cashier’s check?
There is no universal maximum amount for a cashier’s check. Most banks don’t set a hard upper limit, which makes cashier’s checks useful for large transactions. In practice, the amount you can get ...
A cashier’s check is guaranteed by the issuing bank’s own funds, making it one of the most secure forms of payment for large transactions. Cashier’s checks cost $8 to $15 at most major banks, though ...
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