Check Writing FAQ

Answers to common questions about writing and handling checks

What do I do if I make a mistake while writing a check?Is it safe to mail a check?How long is a check valid?What's the difference between a cashier's check and a personal check?Do checks expire?Can I postdate a check?What information should I never write on a check?How can I track if a check has been cashed?Check Writing Guide

What's the difference between a cashier's check and a personal check?

Cashier's checks are issued by banks with guaranteed funds, while personal checks are drawn from an individual's account and aren't guaranteed until they clear.

Cashier's Check:

  • Issued by the bank itself, not an individual
  • Funds are guaranteed by the bank (the bank verifies the funds exist before issuing)
  • Payment is withdrawn immediately from your account when purchased
  • Typically costs a fee to obtain (usually $10-$15)
  • Considered more secure and trustworthy than personal checks
  • Often required for large transactions like real estate closings
  • Has enhanced security features to prevent fraud
  • Usually clears faster than a personal check

Personal Check:

  • Issued from your personal checking account
  • Funds are only transferred when the check is cashed or deposited
  • No fee to write (other than the cost of ordering checks)
  • Less secure, as they depend on the account holder having sufficient funds
  • May take several days to clear when deposited
  • Suitable for everyday transactions and bill payments
  • Can be rejected if there are insufficient funds in the account

When to Use a Cashier's Check

Cashier's checks are preferred when immediate payment guarantee is required or when dealing with individuals or businesses who don't accept personal checks due to risk concerns. They're commonly used for:

  • Real estate transactions
  • Vehicle purchases
  • Security deposits
  • Large purchases where the seller requires guaranteed payment

Important Note

While cashier's checks offer more security than personal checks, they have become targets for fraud. Always verify a cashier's check with the issuing bank before accepting it as payment, especially from individuals you don't know well.

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