A cashier’s check is a secure form of payment that is guaranteed by the bank that issues it. It is a check that is drawn on the bank’s own funds, rather than the funds of the person who is writing the check. This makes cashier’s checks more reliable than personal checks, as they are not subject to the possibility of the check writer’s account being overdrawn.
Cashier’s checks are often used for large transactions, such as buying a house or a car. They are also sometimes used to pay for rent or other bills. Because they are a secure form of payment, cashier’s checks are generally accepted by all businesses and individuals.