
TAB Bank Cashier's Check Request 2014-2025 free printable template
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Good day folks, and thank you so much for joining me today in the financial education Channel I am Jeremy and as always my goal is to provide free and easy financial education to the entire world, so please subscribe today we're going to talk about what is a cashier's check and how does a cashier's check work so what a cashier's check is and is let's say you have a bank account you have a bank account at Bank of America, so you go down to Bank of America and you say hey I need to pay somebody 100 bucks, so I need a cashier's check for 100 the banker will then take 100 basically directly out of your account digitally and put it onto that check so that check is now worth 100 so what's a guaranteed check because that money was actually in your account it's not like a regular check where a regular check you're just right in any amount you want to don't matter whether you have that money or not and then the check could just bounce the cashier's check cannot be bounced because that money is guaranteed to be in your bank account, so you can go ahead and give that to somebody, and they can go ahead and then take that to their bank and cash it, and it's a guaranteed form of payment instead of a check where a check you that money is not necessarily guaranteed that it's even in that person's account a cashier's check is guaranteed so cashier's check is much better to do for big purchases you know like to go down to a bank and do it in person if you sell your car to somebody or something like that that's the best way to do it is a cashier's check versus a regular check that could be balanced I hope this explained in the simplest way possible what a cashier's check is I thank you so much for watching guys please remember to subscribe and have a great day
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