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Cashiers checks are not traditional checks that only withdraw funds on deposit. A casihiers check debits the money from you account on issue. As soon as the ba
by lightbritefight 3y ago
Cashiers checks are not traditional checks that only withdraw funds on deposit.
A casihiers check debits the money from you account on issue. As soon as the bank gives you the check, the money is out of your account. A cashiers check cannot bounce for this reason. Its why it or a wore transfer are the required payment type for large purchases of this type.