How to Get a Cashier’s Check From a Bank or Credit Union
Navigate the entire process of getting a cashier's check, from initial preparation to safe handling and delivery.
A cashier’s check is a financial instrument issued by a bank or credit union that guarantees payment to a recipient. Unlike a personal check, which draws funds from an individual’s account, a cashier’s check is drawn against the financial institution’s own funds. This makes it a reliable payment method for significant transactions, as the funds are guaranteed and the check will not bounce. Cashier’s checks are often preferred or required for large purchases, such as a vehicle, real estate, or substantial deposits, providing assurance to all parties involved.
Preparing to Get Your Check
Before obtaining a cashier’s check, gather specific details. You must know the exact amount of the check and the full legal name of the payee. Financial institutions cannot issue blank cashier’s checks. If a memo or account number needs to be included for record-keeping, prepare this in advance.
You will need a valid, government-issued photo identification, such as a driver’s license or passport, to verify your identity. Funds for the cashier’s check can be drawn from your checking or savings account, or you can use cash. Ensure you have sufficient funds to cover the check’s amount and any associated fees.
Most banks and credit unions offer cashier’s checks to customers, and some may extend this service to non-customers, often with different fees. Contact your preferred institution to confirm their requirements and policies. Fees typically range from $5 to $15. Some institutions may waive these fees for customers with certain account types.
The Process of Obtaining Your Check
After preparing all necessary information and identification, visit a branch of your chosen bank or credit union. Approach a teller and request a cashier’s check.
Provide the teller with the exact check amount and the payee’s full legal name. This information will be printed directly onto the check, and changes are difficult once issued. Present your government-issued photo identification. If funding from an account, the teller will debit the required funds and fees. If paying with cash, provide it directly to the teller.
The teller will issue and sign the cashier’s check. While some banks may allow existing customers to order checks online for mailing, in-person issuance provides the check immediately.
Handling Your Cashier Check
After receiving your cashier’s check, verify all printed details before leaving the financial institution. Check the payee’s name, the exact amount, and the date of issuance. Confirm the bank’s signature and other security features are present.
Keep the cashier’s check in a secure location until delivery. Although funds can sometimes be recovered if a check is lost, the process can be lengthy and may involve obtaining an indemnity bond. Hand delivery is preferred for immediate and secure transfer. If mailing, use a trackable and insured service to monitor its progress and provide proof of delivery.
Maintain a record of the check details, such as a copy of the front and back or the bank receipt. This record can help track the check’s status, resolve disputes, or if the original check is lost or damaged.