A cashier’s check is like a personal check, but unlike a personal check, it’s guaranteed not to bounce or be rejected for insufficient funds. This is because a cashier’s check is drawn directly on the ...
Suppose you want to buy a car, make a down payment to purchase a home, or pay the first and last month's rent to lease an apartment. You may not be able to use a personal check or credit card for ...
When you buy a big-ticket item like a car or make a large payment, such as a down payment on a house, you may be asked to pay with a certified check or a cashier’s check. These checks are less likely ...
Unlike a personal check, a cashier’s check is a direct obligation of the bank. As a result, there is virtually no risk that it will bounce or otherwise be invalid. Cashier’s checks are commonly used ...
Ben Gran is a freelance contributor for Forbes Advisor on banking. He also writes for The Ascent (a Motley Fool service), where he covers insurance, credit cards, personal finance and investing. Ben ...
Last week, I told you a few things about the Expedited Funds Availability Act. The EFA was passed by Congress in 1987 in response to complaints that banks (including credit unions and savings and ...
Selling an old car can be a hassle: Buyers want a lower price. Sellers have to make sure the registration is transferred correctly. And sometimes, enthusiastic buyers have a hard time coming up with ...
FUQUAY-VARINA -- The Fidelity Bank, which has 15 branches in the Triad, said yesterday that it has notified the Federal Deposit Insurance Corp. that counterfeit cashier's checks bearing its name are ...
Philip Ralph wanted to make sure the Brits who were willing to take over his apartment lease knew that Americans could be trusted to help in a bind. According to their initial e-mail in April, the ...
RACINE - A flurry of fake certified checks in just the last couple months has forced at least one local credit union to change its business practices and officials are asking for consumers to stay ...
WASHINGTON (ABC7) — The sum of $13,088 is a whole lot of money to let slip through your fingers. Just ask Christine Hough. In 1987, Hough and her mother took a trip to their bank in Southeast DC. At ...